However to date I'm not aware of anyone operating here. 

@Anna Catron High leveraged operators have always been wiped out with enough time, I don't think that will change.

I find it easier to work with people and let them know the boundaries they have to operate in with their pets than to simply say no. 

Whether it's Airbnb, VRBO, FF, Zillow, FB, direct booking website, insurance relocation portals, databases from MTR operators who get a lot of insurance/corporate leads, CHBO, etc.The MTR space is still quite young, unlike STR. 

"Seller" allowed a syndicator to "buy" the deal by paying "seller" presumably a lot of money and an agreement to take over all operations.  

Please don't reply with, "I want an operating loss to offset my income."

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

It also is helpful to have a California LLC in case you ever sell that property and move into another state so that you do not need to form a new LLC altogether with new operating agreement, just re-register in the new state as a new foreign LLC.

The parent LLC will have an umbrella company agreement or operating agreement that will state the company is authorized to create specific series. 

- **Have Documents Ready**: Prepare all necessary documents for the lease and HAP contract so you can move quickly once the inspection passes.Each PHA operates slightly differently, so reaching out directly can also give you the best insight into expected timelines in your area.