California charges a minimum tax of $800 a year per LLC, and more if you have gross receipts in excess of $250k.

Gross rents are 4550 so cash flow is roughly $2100. ( yes I know I need to factor in cap ex.

If you have $10,000 in monthly rental gross income established and rolling and you're in a 5 unit property or more (this qualifies the property for commercial loan consideration).  

Gross rent less all expenses. is NET.  

Gross Income is insufficient to cover monthly expenses.

Grow my other business to 150-200K range(gross).

One vacant unit on a triplex is a hit on 1/3 of your gross operating income versus a duplex where it would take out half of your gross operating income.

California charges a minimum tax of $800 a year per LLC, and more if you have gross receipts in excess of $250k.

After fixing them up I can get about $1200-1,300/month each thus a new gross rent amount of around $3,750.

Foreigner investors can either pay a flat tax of 30% of their gross rental income or elect to file an annual US tax return and reduce their taxes by claiming deductions relating to ownership and managing the property.