I have funding lined up for at least 80% LTC of the project but I want to raise an equity ticket.

That mostly means syndications but it also sometimes means notes and funds.

.- not buy in a seasonal market, or if i do, ONLY expect to generate $$ in the peak season when i run my numbers- buy something with very low overhead (not an expensive SFH)- make sure it cashflows as a LTR (have a backup plan)- do a more creative stay (glamping, redone vintage camper, etc)

Funding options?

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.

Make an investing plan in real estate that fits your objectives, risk tolerance, and available funds.

The only problem was that I couldn't buy it in my own name (a complicated story, but there was no way for the underwriter to write for the property to be put in my name as the buyer) so i created an LLC with my father and I as managing members and got the funding for it through a hard money lender.

The good news is that once you've landed them as a tenant, they are very good tenants, pay on time ( usually in arrears) and stay for a long time.State agencies, or state funded agencies are a little simpler.

Low Money, Lots of time, Go getter attitudeWholesaling, Rental ArbitrageLow Money, Little time, Generally friendly, willing to sacrifice comfort for future wealthHouse Hacking, Long Term RentalsLots of money, Lots of time, Can hire out teams to do work for you.

Consult with legal professionals to ensure compliance and protect your interests.Emergency Fund: Maintain a reserve fund for unexpected expenses, vacancies, or periods of economic downturn.Regular Maintenance: Implement proactive maintenance measures to preserve the value of your properties and minimize the risk of costly repairs.Long-Term Perspective: Adopt a long-term investment strategy and avoid making impulsive decisions based on short-term market fluctuations.