We're talking big SFHs with yards, not compact townhouses.Would I be at a disadvantage buying this property and trying to find renters?

Be sure to get multiple quotes from contractors and get a detailed breakdown of costs before starting any work.It’s also important to factor in contingencies for unexpected expenses, and always consider the After Repair Value (ARV) of the property to ensure that the renovation costs are in proportion with the potential return on the investment.

@Aaron Klatt..the moment it comes through in November with the pace politicians in CA run to please their voters who , let's face it majority are tenants, the rent control will:  a/ expend to non-rent control areas like Inglewood, Hawthorne and other b/ will expend to Single family houses and condos (not rent control today thanks Costa-Hawkins) 3/ the cancelation of Costa Hawkins would mean (that will take probably few months for tenant-voters to convince the politicians)  that even after the tenant moves out you the landlord can not raise the rent to market price..meaning if the tenant pays 1000 and today the market rent for this property is 2000 you can do nothing but continue to rent 1000+3% which is not enough to cover your yearly maintenance cost as a landlord.. and so your property value would be proportional for this rent and you can never get the value increase as you should...this is the dark picture but very real..

If you file business income and don't have an office outside your home, it's all utilities, insurance, property taxes, landscaping - proportionally the size of your office to the size of the house. 

The annualized return of a property is a metric to show your projected equity in a property over different points in ownership, in proportion to your down payment and other acquisition costs. 

It is easier to get loans, insurance etc and transact under your own name If you were doing this llc transfer because of asset proportion, well, contrary to common belief, the llc does NOT protect the asset, it only isolates it from other assets If you have a home in an llc and you have equity in that home they will go after the equity by suing the llc anyway - even if you don't pay right away they can force the llc to sell and get paid The best way to protect your assets is 1) keep the property in your name or whatever entity name you have currently 2) set up a Wyoming LLC and draft the OA to have several business purposes and Ibe of them should be asset protection 3) capitalize the entity by placing a promissory note equal to the equity you have in the property you are trying to protect 4) record a lien against the property payable to the Wy llc 5) you would have a 1st lien to some bank and the 2nd lien to your Wy llc 6) the llc is tax neutral because it should be a flow through entity back to your living trust Anyone trying to sue you will see that 1) you have insurance 2)you have 2 liens and no equity 3) they will end up settling with your insuranceWhen you sell the house, you simply show the title co.

The cost to funish is inversely proportional to the time you have to furnish. 

tshow of epic proportions is about to beset Oakland.

I was planning to place them on leveled & compacted gravel pads.

@Lucie Tighe Probably not, but I am sure there would be a way to model potential earnings in proportion to square footage rather than bedroom count, since you can do only so much with so much space, whether that involves adding bedrooms, games, or other amenities.