In most municipalities you will have to pay transfer taxes equal to the assessed value even if transferred for a nominal amount plus deed prep and recording fees.

The appraised value is exactly what I estimated, as well as the market rent and expenses.

Most neighbors just use local dumpster providers, is it my responsibility to pay for the dumpster?

The sheer volume of money and investment flowing in all the northern New England states over the past couple years is unheard of and created a highly competitive marketplace of rentals with investment that do not appear to be slowing down, even given the rental rate’s dropping double digits over the past couple years.

Thank you for the resources you provided.

If anyone has expertise in this area or can provide guidance, I’d greatly appreciate it.

I intend to buy them 10-30% below market value through my LLC. 

Why we don’t like ARR (Average Rate of Return)It’s easy to skew the numbers.Here's an example of a positive ARR of 12.5%, but the investment loss is $50.Year 1 Start Value: $100 End Value: $25 Annual Return: -75%Year 2 Start Value: $25 End Value: $50 Annual Return: 100% ARR = 12.5%Am I missing something here?

CA taxes residents on worldwide income but may provide a credit for taxes paid to other states.

Buy a value add, improve property and rents, resell for the gain.4.