I did it for about 6 months and stopped altogether when they tightened up the laws.

Because you're in Van Nuys...I assume you are on flat lot, so I would guess you also wouldnt have any further requirements. 

However, you can likely find a 2-flat (all in) that will cash flow within that budget in an area speculated to appreciate.

For example, I send a flat $150 from every LLC up to Wyoming once a month.

Principal is a flat 25%, interest is whatever their highest marginal rate is.

Again planned on a flat charge to go towards new future cabinets.

Additionally if owning rentals isn’t going to help our total tax situation the way I envisioned when we went down this path, then maybe we can put off CPA help altogether since it appears we will be capped at achieving zero tax on our rental income.

Buying then renting Sec 8 is a static, flat game.

We've been contacted via email by fake "private lenders" but when they didn't ask any questions on the deals and we started asking questions as to why they stop talking altogether.

We have a flat roof that must be replaced within the next couple years or so.. approx 10k to replace.