If you're hiring a property management company, make sure to do your due diligence and choose a reputable company with experience in the area.Financials: It's important to crunch the numbers and make sure the rental income will be enough to cover expenses and generate a profit.

you're correct on the boarder income for primary residence, but if it's an investment property, there is 2 ways you can classify the rents on your taxes. or rather, your CPA will, depending on how you're doing it. 

Will this be dependent on the square footage?

To choose, think about what your goals are. 

Many investors from markets where the numbers don't work, are choosing to invest in the midwest because of the yearly returns making more sense in these lower priced markets.

Depending on where you are in Astoria, it may be worth it as I know long term the city planning is trying to boost higher zoning use cases to open up more supply of units. 

It depends on the type of loan and property you currently own.

Hey Amanda, If these are residential properties, then you have 2 options for refinancing - 1) Conventional - Takes your income + debt and thats how you qualify. 2) DSCR: Takes the monthly rent - payment and thats how you qualify, pretty simple.If these are commercial, then you will have different options as it depends on the type of asset they are and cashflow. 

Again, it all depends on what part of LA we are talking about? 

I work in South OC though so just depends when it is.