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.

Be prepared to put at least 20-25% down since you would be considered a first time flipper. 

The time spent trying to generate attention to your site would probably be worth just spending the money to air bnb to avoid the headache but that's just my two cents.

I have been considering for a long time investing in multi units.

I've recommended her on the forums a few times and have gotten great feedback from other members.

I don’t currently insure it as the cost was four times my home.

She covers our LTR portfolio property management activities, and I assist during weekends (Saturdays are always busy with rental stuff for us).1.

You want an accountant who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.There are over 20 real estate accountants on this site.

., overseeing contractors/property managers, etc.), and 4) contributing the money is worth 25-30%.

That has to have been the worse decision in real estate I’ve ever made   But I also vividly remember thinking email was stupid when I was being shown how it worked.