Quote from @Paul Gupta: Hi, in California, For jobs requiring a license, there was CSLB (contractor state licensing board) which would give either a General Contractor license, or specialty licenses by trade (~60 specialties such as concrete, welding tile, ) https://www.cslb.ca.gov/about_us/library/licensing_classific...My Q: does Maryland and DC area have similar requirements? 

One of the biggest complaints was the lack of places to stay and the expense for such.  

Do you have cash reserves for capital expenses and improvements? 

Now, some states require an attorney to review contracts. 

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.

If the property does not require an extensive rehab and just needs cosmetic repairs then a standard landlord dwelling policy in most cases depending on the carrier.

I spoke with State Farm, but they require plumbing and electrical panel upgrades just to consider reviewing my application.

All that is required is 4 weeks advertising in the local paper then call the sale on the courthouse steps the following month's first Tuesday.

In your opion #2, would that require you to rent a home in Seattle?

Also, I’m likely to invest out of state as California is too expensive.