Secondly,  the market is so hot it might make more sense to sell it and invest elsewhere.  

Here is So Cal, the prices seem so high though.

@Marcus I.Sounds like better to sell, especially since market is so strong right now

There is so much to know in this industry!

There is so much great material out there.

Today’s market is so hot I can’t believe any seller would entertain owner financing, esp with interest only payments, unless you pay way over market.  

Or you try to work with experienced investors, but they already know experienced agents.Ideally as an "investor friendly agent" you know more than your investor client, so you can coach them, but there is so much to learn about investing; from knowing how to rehab and who stuff costs to understanding rents, ARV and comps, financing, contractors, developing a good strategy, knowing where and what to buy etc etc Being willing to work your butt off and write many low ball offers sounds great, but will not get either of you ahead, in particular in this market. 

I’m just trying to make sure I protect myself in terms of entities and there is so much written about depreciation benefits and I’m trying to make sure I truly understand these things instead of regretting that I missed something later in.

This procedure, of initials, is so, in a court of law, any snarky ex-tenants can not claim that they are not at fault, due to the lease is too long, to read, as well as to remember.

I'm not worried about reserves to much since this will be my first property and everything is so cheap down there compared to Seattle.