If you live in and earn income in CA, you are "doing business in CA" and the $800/yr fee applies, regardless of which state the LLC is formed in.

In most cases, children have to earn straight As and test above the 95th percentile to even have a chance at admission to one of the selective high schools.

I'm 27 years old and currently earning about $48,000\year before taxes at my 8-5 job.2.

So I'm guessing this may cause some problems even though my earnings are significantly more. 

@Scott TaylorLooking back at one of my early 2016 SFR acquisitions in the Northern baltimore suburbs, MD market, I see there that I earn 10% CoC return unleveraged on a cash sale of 75k with 19k rehab.

They have earned good reputations over long periods of time.

Also, banks in a given country will generally only lend to residents because non-residents don't have a credit history, don't earn income and/or don't have assets in the country so banks don't have much to fall back on should the borrower decide not to pay.So, yes, as a result, most foreigners pay cash.

You're doing this (I assume) to parlay all that money you save (or earn on top of PITI/Expenses/Capex) into your next real estate deal, so treat it like you aren't living there.

I am a little surprised but glad to know I am inline with what everyone else is doing.My housekeeper has always managed to get the house cleaned on check in and check out days (which I am getting alot of for the peak season) but she is right up against the the 4PM check in time.

I don't really have any current debt but my earnings are barely enough to get by at the moment.