Great market for BRRRs

. -  In my market they just issue the permit.

Go to Etsy and search for "rental property tracker," and you will find hundreds of nice spreadsheets to track 10-20 rentals, usually for under $10.Software has extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.

With your first rental, as you learn the only benefit is for liability, but when you are getting started, there are better and cheeper ways to mitigate liability risk.

Hey Michael, there's plenty of folks here and local meetups for you to network and pick their brains.I would connect with some local investor-friendly agents in your market.

It works out greatLong term low impact tenant at higher then market rates.  

Or wait and scan the market for a multi family I can afford?

Typically, the closer to the school the better, but markets vary.

Anybody can market a set of trust documents on the internet. 

Hi All,Getting started in LA and looking for folks with experience flipping in the LA market.