I have over 200 assets and if I had a LLC for each and had to do 200 tax returns OMFG.

However, i know that there are many cities within California that prohibit or heavily tax Airbnb's.

Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).

Not sure if interesting, but my buddy just launched a tool to help find off market properties across the US based on tax delinquencies, probate, pre-foreclosures...etc.

Not sure if interesting, but my buddy just launched a tool to help find off market properties across the US based on tax delinquencies, probate, pre-foreclosures...etc.

I am planning on house hacking my two rooms as soon as I can so that I can make use of those two vacant rooms I have.In regard to the Homestead Exemption, I meant to say that if I decide to write-off expenses for tax purposes, I'd lose the exemption since I cannot have my primary residence as an investment property at the same time.

I also know many California investors who own a few million in properties, no LLCs, one reason being CA charges a $800 franchise tax per LLC.

Are you most concerned with cashflow, appreciation, or tax benefits? 

Need advice if this is worth looking into.The property has been negotiated at a 20%  discount and 7.6% tax adjusted cap rate. 70% LTV with Freddic Mac loan.

If there is training by the sales authority: sheriff, tax assessor, attorney, or tax appraisal district attend that to get better insight.