I'm New to real estate investing and we are looking to buy our first investment property in the coming months/year.

It doesn’t matter that the property might be in CA or TX.

I have a house that is a two bedroom one bath property with a decent size lot.

My spouse and I have bought and sold over 20 properties in the Atlanta area over the past 35 years.

So if he is ownership, then he needs to be on.What you probably should have done is created your own LLC and have a joint venture agreement for each property/project.

Depends on the specifics of the property.

----------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

My rental property is in Los Angeles county.

The loan approval is based on the property’s rental income covering the mortgage—making it easier for investors without traditional income streams to qualify.LLC Protection: Many DSCR lenders allow you to hold the property in an LLC.

Interesting article about “Squatters’ Rights” in California; how they originated and their intended purpose vs. how they are currently being taken advantage of.California's Squatter's Enable Tenancy Rights After Just 30 Days, Raising Concerns Among Property Owners About Housing Security