@Paul Moore is a smart, seasoned, and approachable guy who does all the leg work to find deals and negotiate great returns. 

As mentioned above, screw up and you can lose the property, be fined and have court costs.....if you really screwed up and have been doing it on several deals, you might get an orange jump suit!

I know of areas where landlords must go run to the property to remove all appliances from the unit when it goes vacant because they grow legs and walk off. 

I don't mind paying assignment fees because there is a lot of leg work that goes into finding and negotiating with motivated sellers.

Keystone CPA is a boutique CPA firm located in Orange County, CA.

@David FaulknerI do plan on building a team for the management piece and the exact thought to bring in an extra leg of income is building a STR management company for locals.

He told me he was an auditor for uncle sam. this is red flag, that is red flag....etc. i am not trying to claim an arm and a leg. i only claim some donations which i actually have the credit card statements to proof it.

Does anyone have recommendations on local Los Angeles/ Orange County accountant that can both help with booksProperty management S Corp.Sole proprietor and some partnerships on different propertiesI use Buildium software for management.

But if you go this route, make sure to do your leg work and only buy if you believe there is a substantial cushion as it's likely to be worse than expected.

The properties that are not doing so great are the run-of-the-mill average homes in more dense residential neighborhoods with neighbors within an arms reach away since in general, people coming out to the California High Desert are looking for privacy, peace, and a feeling of remoteness.What makes the California High Desert great is that it draws upon the large Los Angeles, Orange County, and San Diego County populations looking for quick staycation getaways while also attracting people from all over the world.