Maybe not as much as WA, but...In WA You also have high gas taxes and high excise taxes.

Hey @Julia France, Given we are accountants, we cannot promote our services on BP as its against the rules.To help in your search:be sure to find an accountant who is willing to grow with you, and is not too high priced fee-wise.

I love the idea of renting out vans to other people so they can experience the highs and the lows, too.

If you haven't already, I would highly recommend the book BRRRR, you can read a hard copy of it or my preferred method, audio book via audible.BRRRR on AudibleBRRRR Hard Copy on Amazon

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

Tech companies like Tesla, Apple, Switch, etc are moving to the area and bringing high-paying jobs.

I'm from the area, so I'm very familiar with what areas to stay away from, and homes in high crime areas that were worth $100k 5 years ago are now going for $350k.

Overall, Bixby is a terrific sub-market with high demand for quality rentals.

I am not advising you.I suspect you did not consult with your tax pro when you set up our LLC taxed as an S-Corp.I highly encourage you to make that contact!

Quote from @Neetu Patil: For California, I highly recommend you join the California Apartment Association (CAA) where you can get forms, training, laws, legal help, etc.You are in the most regulated, litigious corner of the world where tenants can literally stop paying rent for years and prevent you from even inspecting the property.