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Extremely difficult to pass and I bet you didn't know that you had to get it reinspected again in three years.

@Kareem DanielsWelcome to Bigger Pockets.

If you live in California, the FTB still wants its $800 per LLC, no matter where your properties are.Question B:When it comes to setting up an LLC, here are three common approaches:1.DIY Approach:In most states, you can set up an LLC yourself for less than $100 in filing fees, depending on the state.

just don't do a lease. as others have mentioned, this forces the buyer of the property to take over the lease (if its even allowed/ they qualify) and it certainly does make the property a little tougher to sell. i'm also doing a house hack, and here in CA, its made a world of difference for me. the bulk of our energy usage is in the summer when we want to run the a/c. my bill stays a constant $228/mo (i pocketed the tax credit and simply financed the panels after that grace period). instead of getting an $800 bill in the summer months, we run the a/c at a constant temperature 24/7 on auto, stay comfortable, and i typically get a little bit coming back at the end of the year. don't expect to pocket this "little bit back" by being conservative with your useage, it sort of is a use-it-or-lose-it situation... i think i got $54 back this year.

I see you had it as an off market pocket listing, can you share some of how you came to find the deal in the first place?  

Some post here on the Bigger Pockets Marketplace.

I see three viable options for you: 1) Rent it STR (we manage 100+ Airbnb / STR properties, it's a great strategy and you can definitely make your $2400/mo)2) Sell the property Subto.

If three people are applying together, we don't process any of their applications until all three are complete.

If the land is worth $200k, then you could pay the other $30k out of pocket and finance just the land.