California does not recognize series LLCs.You also want to look at whether a pass-through entity helps your bottom line and your taxes.

Any time you are dealing with rodents, wear a mask for your own safety.Yes, if you wear a mask they won't know who you are and they won't recognize you when you are walking around the house. 

You may pick a property with a red flag you don't recognize (a UST for example) and think you are getting a great deal, you may not be certain on fair market value when you decide on your offer, you may be able to get a lower offer accepted by using terms other than price, you will not have a good handle on how many offers you are competing with, because you don't have the experience... 

@Joshua Aycock the most important thing to recognize about a free market is the efficiency.

And you will probably be better at recognizing the difference between a good coaching program and a waste of money.

Here's my perspective on it from your shoes:If I were working for a property management company, I would recognize that this is a huge opportunity to grow my network.

Get to KNOW your market so that when you find a deal, you'll recognize it. 

It's what we don't know that bites us in the a$$ every time and I have a feeling that investors who are not aware of the real danger they put themselves in are the same ones who won't recognize the time to sell and realize their return. 

Recognize this is something that will never be recovered, and only increased (the losses that is), it's time time cut these losses, take the "after C.C." profit, and put it into the next property where you CAN recover these losses..along with new gains. 

I do recognize that past performance does not guarantee similar future performance, but San Diego has many decades (at least 5) of outstanding appreciation and the fundamentals are very similar (geographically constrained, great climate, diverse jobs, housing shortage, etc,).