Prop 21 - Rent Control on Residential Property - Questions

[Ryan Wamsat]

I've read through the voter information guide as well as the text of the proposition on ballotpedia.  Section 3f states "To exempt the owners of one or two residential dwellings from any local rental control law."  Neither provided any clear guidance.  I'm hoping the gurus here have more insight into this.

My questions are these:

1. If an out-of-state landlord only has one rental property in California and additional rentals in another state, is he/she exempt?

2. Similar to question 1: If a California landlord has one in-state rental and multiple out-of-state rentals, is he/she exempt?

3. Lastly, what happens if the rentals are put in an LLC and therefore not "owned" by a person anymore. Assuming that LLC only has the one rental. Is it exempt?