You can also invest in states closer to CA like AZ or Reno, NV.

I just purchased a 2nd rental property last week with this same LLC.These 2 rental properties have total equity of about ~$1.5M (both are owned outright).

When you say "your own lane", what is your lane currently?

Owning the property in an LLC does help with your debt-to-income (DTI) ratio, but it can make securing a loan more challenging.

We have tenant that is stating they will start looking for another place to live.

Has anyone identified a creative way to get residents of properties purchased at foreclosure to leave on their own without having to pay Cash for Keys or bearing the cost of evictions?

That is the customer and who pays, it doesn't matter who owns the home then or now.

@Ben Curry If you own multiple properties, then I would recommend looking into a Series LLC, rather than setting up a separate standalone LLC per property.

I owned this park for 15 years.

However, like any investment, they come with their own set of risks.