Writing triumphs over verbal.

Hi Erick, I would recommend writing down a list of criteria with your partners. e.g. population, population growth, capital city, college town, etc.

And the underlining assumption is tax treatment differences will make big difference.I own rental properties and invested in syndication and to me, it's comparing apples to oranges.As Tony mentioned, you typically get a large passive loss in MF syndication the first year which offsets your distributions for many years (no tax). with direct ownership, you get to write off all the things OP listed above, so you typically end up with very small or no tax liability (at least in my experience). 

This is why you need to have the work In writing.

If they are VERY professional, they will have their processes in writing as verification that it is enforced equally and fairly by their entire staff.6.

Venture capital money will flow to any state if the business idea is worth it.Doing a quick Google search looking only at top page results, I found multiple rankings that place Texas much higher than California:CNBC ranking Texas is 2, California is 32https://www.cnbc.com/2019/07/1...Forbes ranking Texas is 2, California is 31https://www.forbes.com/best-st...Chief Executive Texas is 1, California is 50https://chiefexecutive.net/up-...Bipartisan Tax Foundation state business tax ratings Texas is 11 and California is 49https://taxfoundation.org/2021...No doubt California has a strong legacy of innovation and the existing talent base will make the state a powerhouse for years to come.

Tell them (in writing, and hopefully this is incorporated into your new lease) that month-to-month status adds $100 to the monthly rent. 

I am currently working on refinancing 3 of my properties to get cash out (60k to 80k) for buying/investing in new properties.  The loan officer is with my local branch and has always been very helpful and offered me t...

I can use that account to write checks from, and even make utility/mortgage payments directly from the account.

I know it sounds like I'm splitting hairs but some banks write HELOCs in their residential department....which won't write Investment Properties.