Additionally, I am seeking advice on how to find an out-of-state partner or agent.

It also is worth approximately $140k more than my property is currently worth.My question: when evaluating renovations, is the math as simple as (Additional rent expected per month due to renovation * 12 months/yr)/total cost of renovation = ROI.

CA taxes residents on worldwide income but may provide a credit for taxes paid to other states.

Mike,  Pace cant take credit for that  TC have been around for decades at least in West coast brokerages..

you can go back and update the post and make additional comments, statements etc. 

In Gary Keller’s book, Shift, he lists 25 creative options that are most common, but barely scratch the surface:- Seller Contributions- Seller-Funded Permanent Buydown- Seller-Funded Temporary Buydown- Owner Financing- Contract For Deed- Seller Second Lease Option And Lease Purchase- Seller-Assisted Down Payment- Wraparound And Assumable Mortgage- Gift Funding- Selling And Refinancing Existing Assets- Non-Occupied Co-Borrowers- Using 401(K)- Temporary IRA Transfer- Pledged Asset Mortgage- Equity Transfer And Bridge Loan- Employer-Assisted Mortgage- Lender-Funded Buydown- Fannie Mae’s “My Community Mortgage”- Running Scenarios With Automated Underwriting Systems- Adjusting Amortization Period To Lower Payment- Adjusting Interest Rates To Cover Closing Costs- State, Province, And Local Grant Or Bond Programs- Mortgage Credit Certificate- Private LendingHe said these options barely scratch the surface.

If you use a DSCR loan, the lender will underwrite against the property's income, your personal credit and experience, and will source whatever downpayment funds you use.

If you don't currently, I would require renters insurance going forward from all tenants and make sure they name you as an additionally insured party.If they break up, she’s still responsible for the lease, just like she is now.

740k, 2000tax, 2400 Hoa, ~3500 insurance we’d need to furnish the house and do additions to the back yard, I’d say 30k more.

While I've typically focused on single-family homes, my journey into real estate began with buying my first house using a VA loan and house hacking it, then acquiring additional properties from there.