I'm a little concerned with the current high interest rates and property taxes (Texas).  

Same goes for number of LLCs and what to fund them with, since bear in mind that CA tends to be more cumbersome and expensive to have LLCs than other states.California is generally more cumbersome than other states when it comes to taxes and filings.

Here are a few tips to get you started:Start Small: Consider starting with a smaller investment or a property that requires minimal work.

I'm debating to just giving the buyer a discount or money back so that he can address these repairs after closing but I just thought if I did these repairs prior to closing, if that would benefit me tax wise.If I put in a new roof and add a new sewer pipe to the property would that have any tax advantages even though I am selling the property in the same year?

I am looking for some tips on building capital for an FHA loan, as well as some tips on networking with other investors and to possibly find a mentor.

Expenses such as insurance, tax's.... 

@Vanessa SwitzlerOut west Reno, NV is landlord friendly, tech and manufacturing job growth, 4th lowest property taxes, good weather, and geographically limited new construction.

My first step would be to go by the tax assessment.

@Wale Lawal thank you very much I will use those tips.

As for a tax professional - you can find those under the "Build Your Team" tab in the Navigation bar of the site.