I was wondering if others commonly request the seller / landlord's tax returns when buy a rental property. if so what is the common practice for this. would it have to go through an attorney to scrub the personal info?

This kind of piggy-backs on your #2 Martin, but I would say the biggest thing is just showing up day after day and doing the work. 

What kind of income do you want from your real estate by that age and how will you get there.

The ones I am aware of (& I'm sure you'll find more if you Google)...Dave LindahlJoe Fairless Jake and GinoMichael BlankLance Edwards Rod KhleifSue NelsonBrad SumrockI just came from Brad Sumrock's event and there were a lot of successful students there telling their story about how they are currently doing deals, etc.His 1-on-1 program is a little pricey but appears to be well worth it because he has a whole network that a newbie can plug into.If you have the money... it's kind of a no-brainer.Shop around anyway though and I wouldn't try to skimp and go the free route.Buying an apartment building is not like buying a condo.

Maybe for Miami 4.85% COC is common but for me, personally, is way to low. 

You could leave the fence or try to negotiate with the builder to split the cost with you, I wouldn't take the fence down if it is in the backyard unless this is common in your area.

@Quinton Lantier that is somewhat common for a wholesale deal. 

I don’t have that kind of money!

I have been looking for a business to start that I could start and then make it into some kind of mostly passive income.

Hi,is it common to set up LLC for income property in CA to protect from lawsuit despite $800/yr tax?