As @Michael Jones has mentioned it shouldn't stop your investment consideration if it still makes sense. 

You didn't mention if you're going to live in it or if it's a rental, but if a rental, do the numbers make sense? 

I would like to blame the gurus but, honestly, folks have got to take more personal responsibility and use common sense.

It all starts with finding a deal that makes sense and marketing it to people looking for that deal.

Makes sense, thanks for all the advice!

However, once you can fill all your time up with money-making activities, it usually makes sense to have someone else help on the accounting side.If your situation won't require ongoing support- it may be helpful to contact a CPA/accountant on here that can help with QuickBooks setup and training.

This makes no sense to me but there was another problem with the deal that made it unworkable so I backed out.

I am a relatively seasoned real estate professional with experience as a broker, property manager, investor, syndicator, attorney and urban planner...and I like to think I have at least a sense of the CA market from multiple perspectives.

There is a proposed 10 point scale, and a proposed low, medium and high risk scale.This merely seems consistent with the Department of Justice guidance memo from earlier in the year telling landlords they need to apply common sense to their screening criteria when it comes to criminal history as a screen methodology for housing.

Account Closed Typically, it makes the most sense to open your LLC in the state that you do business.