However, since the tax rates in CA are higher; ultimately CA will give you a credit for taxes paid to GA but you are ultimately still paying CA tax rates.Now you can argue that your CA return is more difficult since you are dealing with credits paid to other states. but your accountant should be familiar with this concept.

@Derek Hookani if you are planning on incorporating a rental arbitrage concept into your business then it’s a decent course.

Again the concept of building a team around my projects.

It's a great concept unfortunately the numbers just usually don't make sense or add up.

@Jimi SmootAs other posters have already said - focus on the kitchen and make sure it is open concept.

I walk the floorplan and look for bedroom size, kitchen size, bath size and count, yard, open concept, etc.Then I look for the bubble (my husband says I need a new word for it because "bubble" and RE don't make good bedmates.) lol  But what I mean by bubble is...what is within a 1 mile radius of the property that will be your Tenant's life? 

Same concept. 5% down 640 FICO?

Due to the scarcity of good properties(first concept in economics class) people have to make economic decisions for themselves. 

These concepts only apply to rental properties.With highly profitable flipping (over $50k net in a year), tax planning involves corporations (both S- and C-) and redirecting profits into retirement plans.

I find that an odd concept.