This means you'll have to comply with California state laws and pay additional fees, including the $800 annual franchise tax in both states.While Delaware offers privacy and favorable business laws, if you're primarily doing business in California, forming a California LLC might simplify things and avoid the need for foreign registration.

Additionally, placing the property in an LLC doesn't guarantee privacy for tenants, as they can still access public tax records and potentially trace ownership back to you.

VRBO is much more about guest "privacy". 

It would be an improvement over paper as money, but there would be tremendous loss of privacy. 

Best to give guests privacy and alone time rather than spend time with strangers who may or not be to their liking but if people are desperate and not have much money this idea may appeal

Can't really see the metal wall from my house but you can see the roof to the commercial building as you're driving in and in the winter the trees provide less cover - although there is a very high and nice privacy fence to separate. 

Some investors use land trusts with LLCs for privacy and protection, though it can complicate refinancing.

This amounts to lost opportunity because if you had purchased RE, at the closing it can start producing return. 5) ADUs detract from the existing structure whether this is privacy, a garage, or just yard space. 6) this is related to number 1, but there are many more buyers looking to purchase homes for their family than there are RE investors looking to purchase small unit count properties.

Read the Fine Print: Carefully review the terms and conditions, privacy policies, and any disclosures provided by the fintech company.

You’re not going to get privacy, tax advantage, or liability protection.