Overall, Bixby is a terrific sub-market with high demand for quality rentals.

I am not advising you.I suspect you did not consult with your tax pro when you set up our LLC taxed as an S-Corp.I highly encourage you to make that contact!

I'm from the area, so I'm very familiar with what areas to stay away from, and homes in high crime areas that were worth $100k 5 years ago are now going for $350k.

Quote from @Neetu Patil: For California, I highly recommend you join the California Apartment Association (CAA) where you can get forms, training, laws, legal help, etc.You are in the most regulated, litigious corner of the world where tenants can literally stop paying rent for years and prevent you from even inspecting the property.

Hey @Lor Fara, Given we are accountants, we cannot promote our services on BP as its against the rules.To help in your search:be sure to find an accountant who is willing to grow with you, and is not too high priced fee-wise.

Flipping can be risky but also highly rewarding.

Very high property tax rate, crazy high water bills, choking regulation, and bad tenants.

The Niagara Stealth advertises it's ultra-high efficiency @ 0.8gal/flush.I pay for the water in my rental units, so I was looking for something that's going to cut my costs on water, but also doesn't clog and need constant repairs.What do you guys think?

Write that answer down.A high quality company will be on top of their KPI's and their numbers will match.

@Caroline KnightI don't know the Chicago market but I'm highly supportive of house hacking.One thing to remember that positive cash flow isn't actually the goal of a house hack.