I can't remember the last time we had an undergrad without a co-signer, if ever. 

Does that mean that I cannot self-manage? 

With over three years of experience as a broker and a solid background as a contractor in the real estate industry, I bring a unique perspective to the table—one that combines market expertise with a deep understanding of the mechanics and potential of properties.I am passionate about building meaningful connections with investors and empowering them to make informed, strategic decisions.

If that’s your question then the answer is because the seller may not have the knowledge, experience, time, ability, energy, to successfully conclude the transaction without “help”.  

You have a management firm to manage your properties.

•Local boots on the ground – If possible, have a trusted person local (a property manager, agent, or fellow investor) who can stop by now and then to verify progress.

That you manage? 

Don't take up valuable time waiting for things that will be complete before the new tenant ever takes over.

For example, you may need to address issues like profit-sharing agreements, decision-making processes, and contingencies for future changes in ownership or management, divorce, death or lawsuits.

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.