Hi all,  out of curiosity and personal interest in achieving this as well, I would like to get the GC license.

The WLB lease (unless you use an ancient version) states that if nothing is done it defaults to a month to month.You can send them a Notice of rent increase (which you can get from WLB as well) sign an new lease, or do nothing and go mtm.I find that a 60 day notice from the tenant is not very helpful, most owners don't start showings until after the unit is vacant, so what's the point?

This should have come up in your fact finding when choosing to add the JADU (as well as their poor valuations)Note if the unit is only 2 units and you are abiding by the owner occupied rules of a JADU, AB1482 (statewide rent control) does not apply.  

How can we help you achieve your goals?

If 80% CLTV is achievable I would be looking at lines of credit around 400+k, 300+k, and another 300+k.

Happy clause.....Its obvious you are not happy with the unit.. its rented "as is"..... since you are unhappy with the unit, I will gladly let you out of your lease within 30 days, with no penalty to you and will refund your entire deposit if the unit is returned in the same condition as rented. 

I need advice on the best allocation of my money and how to achieve this.

That's a fantastic achievement.

My goal is to invest in real estate, and I believe that building relationships with successful and knowledgeable individuals is crucial to achieving that.I'm currently studying to get my real estate license.

In this scenario, each member doesn’t actually own real estate, they own a business (that owns real estate).If that is the case you have two options: 1) The LLC performs the 1031 exchange and continues to achieve the goals of the managers through changes or details added to the operating agreement and subsequently consider dissolving the LLC. 2) You dissolve the LLC and reform as Tenants in Common *prior* to the sale of the property.