George Eliot There is no question about residency on CA deeds.

Perhaps in CA, it is more lax, but I doubt it.

In particular, I'd like to buy some buy and hold rental properties with cashflow.I'm under the impression that doing this in California in general, and the Bay Area in particular, is difficult at best (and only a crazy person would try it in San Francisco).Just for background, I have about $80k in seed capital from buying and rehabbing a foreclosure here in Virginia.

I purchased a property in California several years ago and lived in it as my primary residence for around 3 years.

Only one company out of California that I am aware of will insure over the Tax Sale process which cost us $1,500 per house and it takes 45 days.

Owner had a loan modification done, so now her monthly payments are 2,000 per month. She can only afford 1,400 per month. Home is worth 340k , she still owes 280k. She would like to have someone buy her home and then ...

I've learned more from talking to sellers, agents, visiting properties, taking angry phone calls, etc in the past couple of weeks than I can write here.

Your seller will have to get the deed notarized and I tell them to visit any post office box or UPS type store.

I am managing a condo in Santa Ana, CA.

California, for example, is horrible compared to Texas, where the standard to hold a property owner liable for a contractor's negligence is exceptionally difficult.