@Felix Shi This is a very specific circumstance.

It’s because of your feedback that led me to do more research in this specific area that I can now ask LA county to clarify.

I would advise you to fully understand all the pros and cons/risks of the market so that you could make an educated decision on if it is for you or not. 

Local in Bellevue, northgate for some of our other team members, what specifically were you looking to accomplish in the cashflow multi-family game? 

Readers are advised to seek professional advice.

Specifically on whether the high interest rates will lead to an increase in mortgage delinquency rates similar to what we saw during the 2008 great financial crisis.I plotted the chart below (Figure 1) to compare Fed Funds rate to unemployment rate and mortgage delinquency rate. 

My bookkeeper will know that any transaction from that checking account is associated with that specific property and eventually they all come from there.

So I just have her do everything but the solo 401K specific items such as annual compliance.  

I'd recommend you check out these places and get really specific on what you can help out with:- REI events - Usually there will be a group in the area that will put on events and things like that to meet people who might need help. - BiggerPockets Events - Take a look at the events going on near you with BiggerPockets.

Readers are advised to seek professional advice.