Your title company should give you a good faith estimate; title insurance, pro-rated taxes, transfer taxes, deed preparation, recording fees, notary fees, junk fees, if a mortgage is involved it will add to the expense.

The benefit for the composite filing is that individual partner would not have to file a return in the non-resident state.The tax preparation is not difficult.

Brick by brick manage the tenants better -- if rent is late most you can put a lock box on the door to prepare to show the property, that will get attention of deadbeat tenants.

There is no low-hanging fruit, if you want to buy below market and cash flow a California rental you have to be prepared to turn over every rock looking for worms.

This isn't an entrepreneurship forum, so we can't advise you on that part, but be prepared when you get back.

I do inspections all the time for my investor clients at no charge.Eventually if you do enough work with a regular contractor, you could expect the same, until then, be prepared to pay for quality expertise.What I will warn you though is, while many think after just a few walk throughs that they know what to look for.....it takes MANY years to really know all the ins and outs of what is going on.

Are you prepared to do that.Cash flow looks good .

They will prepare your case better than you can hope to.

Theory and reality are often far different. prepare yourself. welcome to the show

I got my Realtor’s licence in the state of MN as well as ran my own painting and handyman business for seven years working closely with a Realtor friend of mine fixing and preparing properties which were about to go to market.