I think you have to pay $1500 to franchise tax board if you are from CA and if you have LLC regardless if you have zero income.

Just a thought.Depends on if you have cash reserves to cover the pipe replacement now; if not, you could save a certain amount each month to put towards eventual replacement.I guess you just have to decide if you want to pay to have the pipes replaced now, or at an unexpected time in the future. 

Now you need to figure out how to find deals and pay for them.

.- Principal debt paydown: tenant paying off your loan.- Cash flow.Once the above are all added up, your true Rate Return will by far exceed your returns with stocks.Now regarding the different type of real estate, that depends on a lot of factors and mostly on your financial goals and where are you in life today.

I currently have tenants who pay through Zelle and with money orders.

Thanks in advance for any recommendations or advice, what is shown on your approved site plan and electrical plan?

My tenant has not been paying rent for four months now and refuses to vacate.I've posted and mailed 3-day notices, and uploaded them to the LAHD website four times already.

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.

Either the homeowner loses $300k in equity or pays $120k to pay off a $500 lien. 

Why would you even wait two months if you don't know them AND they did not pay rent?