Quote from @Mark Sullivan: Quote from @Tim Delaney: One missing piece of info here is how much cash you have available to invest at the moment.My initial thought was sell LLC B and hopefully you have a few hundred thousand available on top of that to buy the new building.

Hoping for $325,000 for the build (budgeting for $400,000 with overages).

We are building a place with HELOCs then after it is built we will finance it and pay off our HELOC, at least thats our plan. 

Short term rentals are legal when the host is living in the same apartment as the guests and there are no more than 2 guests staying with the host."

Wishing you the best in continuing to build out your portfolio. 

Want to buy an old commercial building or gas station that had leaking PERC or leaking gas tanks? 

The liability coverage is way better, the building coverage is often better, and commercial policies typically cover loss of business income as well, which a homeowners policy isn't going to help you with.California + wildfire area + STR is super tough. 

Pace is a brilliant guy- he identified a need and is building a “solution network”.

My idea is to get an apartment and make sure it’s okay with the owner to rent it out as an Airbnb.

In addition to STR'ing the main house, he is building 2 more units (ADUs) on the back side of the property.