For instance, a lot of our house-hacking clients in Denver or Colorado Springs want a home with a basement apartment.

Nice homes along the course, yellow Ferrari in the driveway.

The property is located in an area with 1M dollar homes, but a single parcel (not in a neighborhood) and propane

I’m considering options like building a single-family home for STR or creating a small RV park with a few pads, but I'm open to other ideas.

The home needs about 10k worth of work. 

By the time you get them, the property owners have already been overwelmed with phone calls from investors.

Hi Stuart, What about a scenario where all of the properties are in one LLC and opposing counsel locks all of the bank accounts, and also files against the owner personally and locks all of the owners and the owner's spouses personal bank accounts.

Thanks @Michael BaumEven with 65 properties and 8 years in, owner payouts is still cumbersome.We use Streamline PMS (also Trust reporting in a non mandatory state). 

$300K should allow you to buy a duplex/2-unit and both doors should be offering a profit even at 15% down.If you are in a situation where you are getting hit with high taxes, high rate, low rents it might be a "Walk away deal".I have to have conversations daily talking people out of buying a particular home because its a bad deal.

Hi All,What are some tax implications to keep in mind for flipping a single-family home in California?