Can anyone here recommend a reputable tax services company (or good individual) who is located in SoCal who has experience or is specialized with doing taxes involving out of state real estate investments?

At my most recent meeting with the LA housing authority I learned about Prop 10 that basically limits the amount of rent a landlord can increase a vacant unit.

I look at the properties individually and then analyze them accordingly.

There may be little use for one if you are not partnering with individuals other than your spouse.

If you were to proceed you would need to check zoning to see if building another residence is authorized. 

My first investment property was a 2 family at 175k... i was going to put the min 3.5% down... but my lender found a grant through the cincinnati port authority.... they had grants for buying in certain neighborhoods... this particular grant was only for first time buyers, in certain neighborhoods, and you had to have 720+ credit and not make more than 100k with your W-2... but they paid my entire downpayment... and all i needed was to bring 3k in closing costs..... this allowed me to get in for so low....

Start with the podcast they will give you plenty of reading material and further individuals to read up on.I am a big supporter of Jake and Gino's Wheelbarrow of Profits.

You may want to confirm this with your local housing authority.

You can be the manager of the LLC and have signing authority, which allows you to handle all plan investment transactions directly via the LLC bank account of your choosing. 

Trying to find out if anyone knows of an inspection that needs to take place by the Housing Authority, in the city of Portsmouth Virginia even if you do not plan to rent to Section 8?