By the end of year 2 you can get bank financing.

I realize alot of investors have absolutely no asset protection ie LLCs for their properties and have been told by a couple of attorneys that im over thinking and perhaps paranoid of being sued, california as well as the entire US is known for excessive litigation.

Questions like this often get better and more actionable responses.Also, keep in mind that while this site is an incredible resource, opinions can sometimes come across as blunt.

Your experience is valuable, and starting with rentals and BRRRR is a smart move.You’re already on the right track by using tools like Redfin and Zillow.

Learn learn learn and always take action

It would be far simpler to put the $500,000 in a bank account owned by the LLC and you immediately own a fixed percent.

Great interior pictures and someone does a drive by and exterior is in poor shape, no one in buying it. 

Your property is also listed in multiple sites owned by Zillow, and is free! 

A way to look at it could be to find buyers first and figure out their buy box and after that go out and hunt for deals for them and run it by them when you find something.

As an investor friendly real estate agent in Sacramento California, I have been encouraged by my amazing real estate broker, Noah Laker, to join in the conversations you all are having about real estate investing.I feel very lucky to have joined the team here at Hardin Realty & Property Management in Sacramento and all the excitement real estate has to offer.