Im hoping to find an investor to help me buy the lot next to mine so i can move up from doing tax deeds.. if not i have my next lot picked out and will continue to invest in them while i fix my credit and learn more on investing.. i have always wanted to be successful in life but drugs and bad choices have kept me from it.. now im proud to say there is nothing that will stand in my way of realizing my dreams Just following up.

The 7 day period is likely just a rule that they have for administrative convenience.

For the LTR outside CA, forming an LLC in the state where the property is located can reduce administrative costs and avoid double franchise taxes in California.

Offer to help with lead generation, driving for dollars, cold calling, or even administrative tasks.

i'm currently trying to automate and/or streamline as much administration as possible in effort to get better organized.

I'd venture to guess your tenant is a criminal or drug addict of some sort.There's some truth in your thought but he's actually a really nice hard working young man. 

The type of rooms students would need or skilled temporary workers, not drug addicts and alcoholics. 

I myself have been a Licensed Real Estate Agent in Southeast Michigan since 2021 when I turned 20 years old, and have took a bit of a hiatus since now to finish my Bachelors in Business Administration.

I feel like I've dealt with every time crazy situation there is here in Chicago with squatters, evictions, drug dealers, etc., and I still love Cook County because I have a solid team and underwrite deals properly.I think @Paul De Luca nailed it on the head, though - it seems like you are quite risk-adverse, so maybe given your risk tolerance, it's not the best idea, but if it were me, I would not think twice about it, and find a rock start property manager who knows exactly how to vet tenants.

If I were to guess, I would think that the new administration will bring positive change to the housing sector by removing regulations that impede builders, and affect building material costs.