We don't do well with armchair quarterbacks.

Appreciate this opinion as well.

I totally value and want a property manager to take the day-to-day management off my hands, but on issues with tenant damage and I would like to be kept up to date on matters, as well as have copies of all notices provided to the tenants for my own record keeping.

I highly recommend staying well-informed about tenant/owner laws.

No lender is going to qualify a brand new entity with financials alone.

As a result assets will continue to appreciate.Using someone else's money allows you to leverage and buy assets NOW that will continuously go up in value, as well as increase a cash on cash return for yourself over time.

There are lots of price drops and even for well-priced homes it is taking much longer than one would expect.

My big concern, like you, was the cost of property in California but there are some cheaper markets in state as well that have a lower barrier to entry than the coastal markets.

And if they don’t, well then all our medical expenses will also go up!

I feel the tenants know the leasing laws pretty well and they are pretty hard to deal with.