Alameda County has high property taxes and there are 25 special assessments on Oakland property tax bills. 

Potential problems resulting in bad ratings.

Whether it's analyzing market trends, scouting potential properties, or diving deep into the intricacies of investment strategies, I simply can't get enough.

I invest and help others invest in Cedar Rapids, Iowa and know a couple neighborhoods where the tax assessed value is lower than other neighborhoods (same house), but just have a poor stigma/border thriving neighborhoods, so the spill over is and will continue to push into these neighborhoods.#4 You can take this questions 2 ways. 

Easy to potentially do myself?

However, building up to a $7,000 monthly income would likely require a significant portfolio of notes, more than the initial capital might allow for starting.Rentals: With $20,000-$70,000, you could potentially use leverage to acquire one or two properties in markets where this capital suffices for down payments.

The method you mentioned (BRRRR) is operating on the calculated risk that the property's value will appreciate enough (after renovations) that you can pull out a comfortable amount of cash and use towards your next purchase... all while the potential rental income from the newly updated property going towards paying down your loan balance. 

Are there any potential pitfalls to selling to an LLC? 

The only thing is my property taxes go up with no limit with the increase in property values, 17% the last assessment.

But EVERYONE is obsessed with Ohio right now and from the folks I talk to (12+/week) margins have really gotten squeezed there.Detroit still offers fantastic cash flow and is grossly overlooked in terms of potential upside.