I'll keep looking at other deals.

What this means is that the Seller is providing you with "ideal numbers" which means that they are using "top of the market numbers" for rental rates. 

Lastly, California is very over priced in most cases so keep in mind buying out of state is not hard and can save you a ton of money. 

You can hire a lawyer to set it up for you, but many small businesses form LLC's on their own.The important thing is keep your LLC organized, keep business things separate always, and run your business with integrity.

Keep in mind that this program is geared towards investors who are really green and would benefit from having their hand held through their first deal.  

I'm kind of torn on what to do.Let her know you have an obligation to the entire association and renters to keep the property safe and free from crime and noise issues.

@Marshall Hooper FB is just another mean to reach a specific destination (aka audience).

I'll be moving for work on an international relocation in 1 year, and plan to keep my primary residence and rent it out (Assignment will be for 2-3 years).

I know some very high net worth individuals who do not keep money in a brokerage account. 

We currently keep a tight audit on our STR in Dallas to make sure everything is tip top before future guests check-in and I know that won't be possible with a property at a distance.Any feedback/advice would be greatly appreciated!