This setup ensures that I stay in compliance with California’s FTB requirements.

@Erika Shiu House hacking with an STR is a smart strategy but ensures financial viability since your mortgage is over 50% of take-home pay.

Securities and Exchange Commission (SEC):- https://www.sec.gov/complaint/select.shtml3.

Think of all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

I average these two numbers and use that as a baseline, adding a reasonable buffer to set the threshold.This approach helps ensure that tenants don’t feel micromanaged but also protects you from excessive utility usage.

Always ask for references and examples of similar projects (pictures)The Red Flags you have to Avoid:Lowball bids (too good to be true often is).Poor communication or delays in responding.Hesitation to provide references or sign a detailed contract.Cash-only deals or pushy behavior to secure the job.

Before I begin renting the property what else do I need to consider ensuring the maximum amount of protection via the LLC? 

A bit about me: I’m a payroll manager for a restaurant group, where I handle everything from creating policies and SOPs to processing payroll and ensuring compliance with state and federal laws.

In addition to using your own funds, have you looked into securing grants to "stack" the capital you have to still acquire properties?

@Ben Berg, welcome to BP and great work securing your house hack!