Section 8 doesn’t technically require a closet for a room to qualify as a bedroom, it’s more about meeting local building codes and safety standards like proper egress (a window big enough for escape) and a door for privacy.

The downside is you’ll still pay CA income tax on the profits (since you live there), but you’d only be paying one state’s LLC fee instead of two.Option 3 – The Wyoming holding company routeThis one’s the “fancy” structure a lot of people pitch for privacy and protection.

My tenants are often female, and they usually prefer being on the second floor for additional privacy and safety concerns.

Over the past few months I have been contacted by hard money lenders inquiring if I need a loan for upcoming projects. I always tell them that I prefer private money as it typically comes with a reduced number of fees...

I’m flexible on price per door depending on location and condition, though I’m primarily targeting strong cash flow and a 14–16% IRR range over a 5–10 year hold.I’m open to markets like Wylie if the fundamentals support stable long-term growth. 

Traditional financing is just too slow for most flips right now.Private lenders who maintain conservative underwriting are still funding strong deals without much slowdown.

Tampa, FL has strong MTR potential!

I have a strong work ethic and am eager to learn new things.My goal is to build a legacy for my family one day.

You’re in a strong position given your equity and long-term ownership.

As I am new to this , I am not particular about what part of real estate I learn, so long as it builds a strong foundation so that I may narrow down what actually fits with what I want my future to look like.