I reside in San Diego, CA and stumbled across the BP podcast about 3 months ago.

I am having a difficult time managing these houses as I live in California. looking for a quality property management company.

Apparently in CA this is considered employer-housing and he is a licensee.

I have been reading the forums trying to get a list of qualifications to use, but a person with rentals in an upscale neighborhood in CA where rents run 2500/mo. on average is going to have a completely different qualifications than someone doing working class rentals.  

If it's a standard Lakewood up/down duplex it probably has a plaster ceiling under the ceiling tile-- at least all the ones I visited when my son was apartment hunting were plaster.IMO, the "nicest" fix (assuming the old plaster is in poor condition) is to scrape off the acoustic  tiles and then drywall over the old plaster with a smooth finish; the cheapest fix, if the only problem is the one tile you pictured, will be to screw up the tile(s) that is/are lose, cover the screw with a little joint compound and then primer and paint the ceiling; If you are lucky the tiles have already been painted before.

Most if not all states with a broad-based income tax, including California, conform to federal law with respect to the home sale gain exclusion.

Hello BP Community,I am a very fresh (starting my research) from Tustin, CA and it would be great to start networking with people, especially with similar interests and goals. 

My partner got a personal tax lien attached to him by the State of CA. 

He travels a lot and will also use the place for family when they come to visit very often. 

My business partner and I are starting out wholesaling in CA and wanted to get your thoughts.