Also Listsource is a very expensive option in CA, the same county assessor/recorder data is available from others for a fraction of the cost.

No Property Manager can "guarantee" that there won't ever be vacancies, but a good PM will ensure that any vacancy period is short.

I plan to deduct that amount from my profit on the deal, but I wasn't sure if I would need to submit some documentation to partner and to the IRS to ensure I do not have to pay income tax on his portion.

Hi @David BrownI use taxsalelist as a resource along with my access to county data.

Craigslist is probably better because you can see what others are asking for similar properties in the area.But, in my opinion, the absolute best method to determine optimal rental price is historical data, which is only available on MLS.

Still need to ensure you are buying at the right price.Reach out if you need any help!

But now there are plenty of other platforms where real buyers can show up and bid on property instead of simply discovering data and then sending an email or text to connect with the agent or the seller.

The entity owns the DBA... the DBA itself owns nothing.I've seen contracts with a DBA but title will typically (in these parts anyway) research who the legal entity is, have the contract amended, and ensure the deed is prepared properly.

You could then pay that difference each month to ensure your loan is paid off in 18 years. 

I'm a Licensed Realtor in the Los Angeles region who analyzes and extracts Bulk data from MLS and private listings to determine the best Cash Flow, Rehab, and high ROI properties currently on the market.Looking to create a team of like-minded people interested in sharing the knowledge, experience, and wealth that Real Estate Investing offers.