It's niche, but low vacancy, steady income and minimal maintenance.The strategy looks something like this: BUY for $35-50/sq, RENT for 0.45-0.65 cents per square per month for wrhs space, $0.85-1.10 per square for office.

From the forums I believe that investors generally balance equity compared to their career minimizing the debt in later years.

If there's none, nobody cares or its all been removed to minimize maintenance costs.

No matter what, don't get greedy for what could be a minimal return in dollar terms.

Usually you can minimize the turnover time by requiring tenants to give you 30 or 60 days notice of their plans to leave and then start showing it early while the tenant is still there.

That's a legitimate concern here in LA, but you can minimize your risk.

But it allows you to minimize your cash investment and have the ability to purchase a larger number of properties.

There is plenty to search on this topic, but yes an LLC makes sense, and for flipping/wholesaling you should look at electing to have it taxed as an S-Corp and doing salary splitting to minimize self employment taxes.

If you disturb more than 6 sq ft ( I believe that is the correct number) then Your contractor must be lead certified and take extra steps to minimize lead hazards from renovations.

I don't like walk throughs with the tenants as they are usually too quick to spot things that may be hidden or to ascertain the true cost of repairing/replacing.My experience is that tenants tend to minimize their damage costs during the walk through.