I want to initially self manage but eventually I’m sure we’ll pass it off.

I've worked with investors who exclusively work with rent-by-rooms and while I can't speak to any legal troubles that have come up I can certainly say that location is going to play a large factor in the occupancy.

Almost everyone here on BP will tell you that they wish they had started earlier, myself included.4.

Understand factors like demand, supply, demographics, and economic trends.Diversification: Spread your investments across different types of properties, locations, and markets to reduce exposure to risk.Financial Analysis: Conduct comprehensive financial analysis, including assessing potential rental income, expenses, and cash flow projections.

If the transferor were a foreign taxpayer, and  the Buyer or settlement officer, fail to withhold those funds, they could be held liable for the tax.FIRPTA withholding does include exceptions to the withholding rules.

Hi Forrest,Our office is in CA but we can do flip loans in most states including VT!

The first project was relatively small - 8 units including 3 retail spaces.

I just want to do everything possible to make sure I'm protected in every way, including making sure no one could ever go after non real estate assets like my stocks as well. 

If you can find a way to house hack in LA, that's what I would advise to start after 100-200 hours of self education and taking time to save as much as you can.

Any damage to the wallpaper, paint, walls, floors, carpeting, doors, windows, window treatments, light fixtures, appliances, or other improvements to the Property (to include burst water pipes due to freezing caused by neglect or carelessness of the Tenant, his family, or any of his guests), in excess of ordinary wear and tear, shall be promptly repaired or replaced by tenant, at Tenant’s sole expense, so as to restore the Property to the same condition as existed prior to the commencement of the Term.