The pictures don't work properly so it's hard for the tenant to even figure out what their room would look like.Also, be comfortable spending WAY more on construction costs, etc. than you would if you were rehabbing it yourself.

I just sold a duplex for $520,000 in four days, even though the current income is $1800/month and the market rate is only $3,000/month.

BRRRR is great but chances finding a deal and getting all your money out with light rehab is slim to none unless you find your own lead.I operate in Baltimore in C+ areas which is still cheaper than many even wholesalers are overcharging for their off market deals.You either have to do heavier rehab or find a deal without a middle man.

Is BP even the best place to find reach out to hosts needing help, or is there another platform/site? 

Even if you create a non-CA LLC, if you are managing the business from California, you will likely be deemed to be "doing business" in California and therefore likely subject to CA taxes.

Using other peoples money is a great way to keep you honest on the project as well keep the project out of your pocket.I thought funding my own would give me control but what it really did was hogtie my leverage and made me emotional in my decisions.There may come a time when funding everything makes sense, but even if you do a few flips with HML, you will understand the process, have a foot in the door and be positioned to act on ANY opportunity when it comes along.And having a bunch of your own employees just means that they are looking to you or leaving you if the work slows down. 

You must reinvest the $520k in “cash” you have left after paying off mortgage and $80k in closing costs or you will owe taxes on cash retained even if you buy more than $920k in property  You can invest in any number of properties but it’s much easier if you list 3 or less replacement properties.

My initial target was cash flow, now I am looking to build equity and “break even” on cash flow right now.

He even said, don't worry about filling the paperwork for state, I will just give it to a new landlord. 

@Beth Anderson For my house hack, I had a fairly low tolerance for risk, so I made sure that even if I did not have renters, I could pay the mortgage.