It can get really sticky, cause frustration and ruin a friendship if expectations aren't set up front.

I was told they take care of everything when setting up LLC.

Hopefully he finishes this rehab in February as I hope to have him set up an out of town, large (over 3000’) luxury STR in the spring.When he completes that effort, we will be concentrating on getting him a property in San Diego which as everyone knows is very expensive.  

(no waiting period to simply refi what is owed) DSCR programs are not purchased by Fannie/Freddie so they can set their own rules and some have a waiting period as short as 3 months. 

Setting that aside, I don't believe its realistic to buy a home and turn around and flip it without making any improvements.

The day after I set precedence, I gave my info to others who had "illegal" ADUs and a basic "road map" to get themselves legal.  

I may have another year to be influential and I'm trying to set a financial successful path that will create wealth, residual income, suport philanthropy ideas, community help and know when she goes off and have a family of her own, she will be ok.

I'm actually interviewing PMs and CO Hosts this week, and Handyman for installation of all the furnishings set to show up at the property in January. 

I do not use Rent Ready, but I know that it is a perk of my pro membership here and I am considering setting it up to help my tenant establish credit. 

You should read Set for Life by Scott Trench.