STR in Cali is a safer play if it’s allowed in those areas.

If you put your money in property, it is all about playing the long game because real estate investment is a smart way to balance your financial portfolio.

Lets play this out logically.lets say they have a $700k all cash no contingencies offer, and you are only escalating $3k over that...so your offer is $703k.Escalate in $20 or $25k increments over 2nd best and waive your inspection contingency.

That really rubs me the wrong way to play this game of "well we didnt do anything to fix the foundation so we are not liable".  

I'm almost finished and will come out with ~$100k in equity to play with.

There are a lot of factors like personal choices and goals that would play a role in which entity you might want to go with.

Yes, I admit there is a little hesitation; they are good tenants in that they pay on time, don't cause me hassles, and upkeep the property, so the idea of going through the process of finding new tenants plays a part in my hesitation.

Buying mobile homes is generally a cashflow only play.

This self-torture is not recommended.To make it more complicated still, other factors may come into play such as prior suspended losses from this property or other investments or maybe (albeit not very likely) the net investment income tax surcharge.

.- All assets are removed from your name which will normalize your FICO credit score-They will require quarterly updates on your books-5-10 year balloon is the norm but expect prepayment penalties- Lender holds 3 months of reserves Here was my breakdown when first exploring this: https://www.biggerpockets.com/...Properties 20+: PLAY WITH THE BIG BOYS:Flush with cash after the cash refinance and hopefully additional capital the number one priority is acquiring properties.