I have my contractors out there, and if I see something that might need to be repaired soon, I just get it done, while others will wait until an issue comes up.There are 3 different kinds of people in this world:They all walk into a property:Person 1: "wow this is perfect for rent, there's nothing here you have to do!"

I.e. a gas water heater at a certain age will get replaced while a property is vacant (or when they first acquire it) rather than waiting for it to fail and cause damage/tenant issues.

If you’re not interested in managing it interview a few property management companies and pick the best to manage it for you so you don’t have to deal with maintenance and tenant issues.

In my case, I made sure everything had a full rehab after we bought so that the number of issues would be relatively minor, and it turned out that way.

You can identify risky circuits this way if you can anticipate how your tenants will use the electric and take action before there is an issue.

The only issue is based on my research once I pay off most of my debts and save up some money I'm not sure where to start.Since I'm not able to save up $10K plus to buy a rental I am looking at for alternative investment strategies to help build up my initial investment (ideally $30K-$40K).  

However, there are many issues that need to be reviewed to determine if this is possible and what alterations will be required to comply with code and zoning.

Also, they need to have been issued with the goal of cash value accumulation as regular policies are usually crafted for the most death benefit with the lowest premium cost, limiting the cash value.All the information of your current policies were given to you in the initial contract.

Hello California landlords and investors, I came across this post on reddit discussing issues with tenant biased laws in California and lots of the comments seem to suggest that investing or being a landlord in California is very difficult and potentially a hassle/litigious/costly in case of issues. 

Issue #1... the current lease wont end for 8 months.