I wonder if California/IRS is looking for him, and if he's evading reporting income innCA I wonder if he's doing that in his current business.

Is it possible the current owner didn't know about the fire (ie it happened before they bought the place and it wasn't inspected)?

We currently lease a property and house the men, but for the price and our program it is proving to be unsuitable.

We currently have all time low interest rates. 

If you but now, and rates go down you can refinance.If you buy now and rates go up, now you have a below market interest rate.Basically, whether rates go up or down in the future, the outcome of buying at the current interest rate is almost always going to have a positive outcome.

. - held currently in a single LLC Would I be able to sell 3 properties with financing per year and at some point be holding +12 mortgages ?

You can maintain a hands-on approach or enlist professional management services to streamline operations and maximize efficiency.Strategies for SuccessLocation Matters: Focus on neighborhoods with low vacancy rates, good schools, access to amenities, and proximity to employment centers.

Ive checked with the current insurance agency and company that is insuring it now and no luck.

Hello @Jesse Rathe,So we are on the same page, I will assume that your goal is financial freedom.Financial freedom is more than just replacing your current income.

Currently I like the idea of having long term rentals for my future, but I really enjoy managing my place and think that I would enjoy doing property management as I would get to help others make money and help find a home for future residents.