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.

Be creative in finding tenants by partnering with local, state, or even national businesses.

But if I were in your shoes, I would keep the quadplex, hire a PM since I'll be out of the state and then run the numbers on what I could do if I pull some equity out with a refinance. 

Purchase price: $67,000 Cash invested: $22,000 Very first house purchase, that too out of state.

However, when I contacted the township's tax department, they state that the property tax should not increase that much.

I'm based in Southern California and looking for my first flip opportunity and am open to investing out of state. 

In my state it's city and not county that handles that..

The property card indicates 1,485 and has never been changed from the original state it was built in.

As I stated, I'm sure people are doing it and this happens every day. 

There are two important things to remember here: first, you cannot selectively pick tenants without children, as that is discrimination against families in the state of Massachusetts, and second, you really need to make sure you can afford to complete the lead removal prior to listing it.