Hi Paul,  As of last month I was informed by Los Angeles city planning that no complete application for an urban lot split under SB9 had even been submitted yet. 

Quote from @Shaylynn O'Leary: Hello, I' m a newer investor in the process of getting my first property under contract near where I currently live.

under mount granite or quartz counter tops.. water closet  heated floors ..

I list them on Zillow for about $100 under market rent.

Lots of them available for under $2K.

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

If they are selling for under $250k I might just eat it.

I would note that some lenders don't like "layered" ownership structures.

To me that reeks of someone that wants to do STR (which you do), but is trying to hid that fact behind a term that doesn't indicate what's being requested.To me, a "corporate lease" would mean someone wants to lease a unit for their business and put it under a company name, and not someone that's trying to lease to STR visitors.I need to make a cut-and-paste reply to this question like that dude who literally replies with a mile long message to everyone that asks about LLC.