But the house is only 10 years old, it's huge, it's in a decent area that's still being developed (Eastern East SF Bay Area), and it has the potential to earn us some money.Does the earning potential of the house make up for the headaches of renting in CA and having to pay a boatload of taxes on the equity when we eventually do sell?

The company line is simply: We cannot evaluate you as a tenant until you see the unit, complete the application form (which has a space to furnish explanations of anything you believe needs context) and pay the application fee.

The premium you would have to pay for a lock is going to be like a whip.

In my county we have a homestead tax credit for owner occupied houses which limits your property tax increase AND you can pay your taxes in 2 installments .

You will make your money in other ways though... usually through appreciation and debt pay down.

Since you are just graduating college you may already realize that it's not what you know, but who you know (as a personal note, I had college friends that were barely passing their classes however they ended up with really good paying jobs due to "who they knew").

I would be inclined to do it for free if she’s your friend. i would be scared she had no plan to pay for the rehab when she purchased.How much money we we walking about?

Essentially, people could donate money and get tax deductions and then that money could be pooled to buy property, fix it, rent it and pay a manager.I’m assuming it would be similar to a self invested Ira.

I would have to go back and look at the costs and then divide them amongst my properties to figure it out but right now I am paying for the following subscriptions:Guesty for HostsRing CamerasPrice LabsHostfully GuidebooksREIHubZapierSignNowWhen I purchase one of these subscriptions it is usually based on the criteria of how much time can it save me, or how much additional revenue can it make me, or how can it improve my business.  

The deal hasn't performed up to projections and the GP has offered to pay me back my original capital plus 12 percent to buy me out of the deal.