This means that you will probably need to pay registration and filing fees in at least 2 states if you don’t buy CA property as a CA resident.Be sure to tell your accountant that you may now need to file non-resident income tax returns in each state where you own property as well.

That said I am very particular when I choose tenants, so I think that helps give me piece of mind as well. 

So it is beyond just getting the house, it is having the resources it takes to be a landlord as well,  I have 37 units.  

I've done this with my properties because I'm well known in my small town and don't want people to know what I own.LEGAL PROTECTION: By placing your assets in an LLC, you are legally separating them from your personal assets.

I have seen more and more people put houses that should only be a long term rentals into service as a STR, as well as paying prices that will not cashflow. 

Yea I feel you ultimately that is one of my goals as well but for right now I’m getting started in wholesaling and I’m looking into having a badass crm system I see that 80/20 have a lot to offer is just there price is expensive i have a zoom meeting with them next weekend if I like what they are talking and if I can afford it I will give them a try thanx for the feedback 

This did not go well!!

Kitchens and living areas will be other high traffic areas for those two as well. 

Their insurance could cover this.Also check with your insurance to see if you have lost rent included in your coverage as well?

Those comps aren't very well supported and comparable to todays market.