This is where the expertise of a certified public accountant (CPA) or enrolled agent (EA) can be invaluable.Finding a CPA or EA who specializes in real estate investing can be crucial in ensuring you take advantage of all available tax benefits and comply with the tax laws.

I am purchasing a 4 unit residential property in Orange County, CA with interest in seller financing.  

I definitely have quite a team on my side, my aging parents need to slow down physically with construction but the vast knowledge they have will be crucial for my start up.

- NeighborhoodScout shows the average monthly appreciation on a residential property in San Diego, Orange County, LA, San Jose, and San Francisco for all durations of at least 10 up to 23 years exceeds the current entire average rent of a Cleveland unit.

Partnership agreement: It's crucial to have a professionally drafted partnership agreement that outlines the terms and conditions of the partnership.

The most crucial element is the deal.

Apples and oranges.

I would assume Orange County.  

I am leaning towards buying a Multi~Unit, as opposed to finding a "too~expensive" house hack situation.The multifamily would be rented fully to tenants, I will still be living in Orange County.

It is crucial to work with experienced property managers and attract quality tenants to ensure the success of such investments.