I recommend highly that you delete your post or severely modify it.

I was able to get it modified and it has been breaking even cash flow wise for going on 3 years.

The threshold is based off your MAGI (Modified AGI).  

@Frank Liuh I can share with you my experience getting city permits and modifying a 4plex to 5plex.

You could modify that and use it in AB (the AB govt doesn't seem to have one though they have the rules for evictions).

It sounds like you have other LLCs so you may be able to use the operating agreement from an existing LLC and modify it for your new LLC prior to sending it to your attorney.

More so knowing that it’s prohibited to modify or change your rental only to invoke a fee when moving.

@Vann Calhoune As a Florida real estate attorney myself, I prefer to work with documents I have prepared in the past rather than evaluating something I have never seen before and modifying with language I want to include from my form anyway.

When you approach lenders, don't ask to modify or combine the loans, just say you want to refinance.

9.43.010 COMPATIBILITY IN RESIDENTIAL ZONESNo person shall construct any dwelling, accessory building, or structures, improvements, patio covers, roofs, balconies, decks, porches, terraces, exterior steps or stairways, walls, fences, antennas, spas, swimming pools, or make any additions to, or modify, any structure, or install a new roof on any structure, on any parcel in a residential zone in the City for which a building permit is required unless the resulting construction is found to be compatible with the neighborhood within which it is located.