Even lately, real estate can fall, according to this graph. https://inflationdata.com/articles/wp-content/uploads/2013/06/Housing-Prices3.jpgThe fact that you' re offering help finding a house to buy seems to indicate mixed incentives for your advice.

You'll also want to ensure you have a good property manager to look after the upkeep of the property if you are not there to notice anything deteriorating or which may need attention.This article goes into a lot of the considerations about whether to form an LLC or not: https://www.mmpph.com/wp-content/uploads/2019/04/May-2019-newsletter.pdfCreating an LLC in California would cost you a minimum tax of $800 every year.

Here's the latest bulletin with relocation fee information:https://hcidla2.lacity.org/wp-content/uploads/2020/06/Relocation-Assistance-English.pdfOne note: California currently has an eviction moratorium in place.

You'll also want to ensure you have a good property manager to look after the upkeep of the property if you are not there to notice anything deteriorating or which may need attention.This article goes into a lot of the considerations about whether to form an LLC or not: https://www.mmpph.com/wp-content/uploads/2019/04/May-2019-newsletter.pdfCreating an LLC in California would cost you a minimum tax of $800 every year.

Alternatively you can also read the books in the following Biggerpockets page - https://www.biggerpockets.com/blog/wp-content/uploads/2018/11/Best-Real-Estate-Books-Ever.pdfI would say spend enough time in grinding the axe before you start chopping the tree.  

But I think the biggest driver of appreciation is the vast undersupply of houses (source: https://www.ppic.org/wp-conten...).

This means that you will need to pay registration and filing fees in at least 2 states if you don’t buy CA property.This article goes into a lot of the considerations about whether to form an LLC or not: https://www.mmpph.com/wp-content/uploads/2019/04/May-2019-newsletter.pdfBe sure to tell your accountant that you may now need to file non-resident income tax returns in each state where you own property as well.

This means that you will need to pay registration and filing fees in at least 2 states if you don’t buy CA property.This article goes into a lot of the considerations about whether to form an LLC or not: https://www.mmpph.com/wp-content/uploads/2019/04/May-2019-newsletter.pdfBe sure to tell your accountant that you may now need to file non-resident income tax returns in each state where you own property as well.

I find it takes the initial tension off since most people want to see their landlord as often as they want to see their proctologist.The box includes a roll of TP, a local coupon book, a mini flashlight and a mini screwdriver which comes in handy since our maintenance addendum requires tenants to tighten simple screws like that of a doorknob that can come loose. 

Focus on the big stuff vs getting bogged down in smalls like $.30 coupons or cancelling a $10 magazine you like.