But if refinancing doesn’t leave you with enough equity for future deals, you might be better off flipping for cash and avoiding a lot of refinancing headaches in the short term.If you’re planning to buy your sister out and retain full ownership, you’ll also want to ensure that the numbers still make sense on a long-term hold.

And as accountants you use it to build a complete picture and ensure completeness. 

If an investor can create a Texas Series LLC for $350 and place each investment property inside a separate series at a cost of $27 filing fee, why not take this step to ensure that the problem of one property can’t flow through to the other properties?  

I understand your concern it’s always important to ensure everything checks out.

@Brian Bohrer I'd love to discuss your question in further detail to ensure I'm giving you the correct answer.

This setup ensures that I stay in compliance with California’s FTB requirements.

The platform will offer features such as estimated ROI and cash flow on properties displayed on a map, similar to Zillow, but specifically tailored for investors looking for their next deal.My initial thoughts on the MVP are to focus on the core features listed above for investment properties, but I’d love your feedback to ensure the platform truly solves the challenges investors face.

I would however recommend elevating anything placed in a non-elevated utility room to ensure damage is unlikely in future storms.

What are the best practices for quickly securing reliable tenants and ensuring positive cash flow, especially for someone new to this?

This open line of communication fosters trust and ensures that investors are well-informed and can make strategic decisions based on the broker’s insights.