It is recognized and alot of people are moving here.

Not only your money is only working at one place at the same time, but you can't also deduct the interest or you will have to recognize the interest income too.You can borrow on margin on taxable brokerage account, but it is very risky as when the market drop, you get a margin call and risk getting liquidated with amplified loss if you can't put the money back immediately...The better equivalent would be a HELOC on your property.

In other words, in your example, you would recognize ordinary income subject to self employment tax of $75,000 in the year of the sale plus interest income received each year on the installment payments.

California does not recognize series LLCs so each individual LLC would cost you $800 in California if you were to go thy route.You also want to look at whether a pass-through entity helps your bottom line and your taxes.

The rates did not fall much because the PMs were smart enough to recognize the lower occupancy was not a factor of the rents and dropping then significantly would hurt all LL.  

Therefore, on May 16, 2017, the Board, recognizing the need to preserve existing tenancies, explore methods to protect tenants from displacement and afford them stability in their homes, directed the Chief Executive Officer to convene a Tenant Protections Working Group (Working Group).

it's just very risky because you're gambling on that appraisal.another problem you'll run into is that it's very tough to get loans under 100k. 

If you consistently analyze properties, it will be much easier to recognize a good deal when it shows up.

You can get great cap rates 20% plus in ghetto neighborhoods, and you can get crap cap rates 5ish in desirable neighborhoods where the property might eventually appreciate (investing for appreciation is gambling, don't do that)  So the first question you need to answer is what is you tenant pain in the *** tolerance? 

A sharp seller's agent will recognize these and know that they can be completely bogus, so there's a risk with those.Good luck!