Even if you create a non-CA LLC, if you are managing the business from California, you will likely be deemed to be "doing business" in California and therefore likely subject to CA taxes.

If you don't have a track record and are looking for capital from private investors, you might want to consider partnering with a more experienced operator for your first few deals.

I’ve put together a 365 page business plan for my real estate investment company.

It might not even be accepted on your initial terms and most states have buyer focused contingency periods, or a statutory period of 7-14 business days to remit the deposit, perform inspections, organize appraisals and generally renegotiate or cancel without risk to the buyers earnest money deposit.

If you want to shower me w/advice on my specific scenario:2x Duplexes4% Mortgage Rates / Very small loansMixture of LTR/MTR/STRActive Income (not very passive)Net Income around $24,000 in totality (however my books are a mess and am currently working with someone to CLEAN THEM UP so I can get a clearer picture)Would you a) hold; b) sell and open a franchise or other business venture ?

Can somebody advice where / if I can find real estate wholesellers and private money / Hard money lenders in Puerto Rico?

We are in the hospitality business whether people want to believe it or not.

If you want to give me a specific fact pattern, message me privately. 

hello Jeffrey good afternoon and thank you if you have advise that helped you in your business I would be glad to chat so that I can maybe use those skills for myself also. 

From structured breakout networking sessions to quick business card exchanges in the hall ways of the hotel, it seemed every corner you looked there was a business plan or partnership forming right in front of you creating a sense of urgency to join the crowd!