In San Francisco, this choice is taken out of your hands and is instead a determination made from and by the Planning department.From an Investment POV, you are absolutely correct that combining the lower and the ground floor units is the best option to preserve your ability to perform a fast track condo conversion and generate the most equity in the shortest amount of time.

You are correct that you still have the original 50k as depreciation recapture. 

Is my logic/approach here correct?

Hi everyone, I need help in transferring a property from my Fix n Flip, LLC to my rental LLC. I bought the property and rehab to sell. But I finally rent it out. So what is the simple way to put it into my Rental LLC?

Isn't it possible we're both correct based upon our experiences in different areas?

It could still be really profitable, if you're the only game in town and you also can provide food or rent out part of the property for other business purposes, etc.  

This is mostly correct.

Work life balance is valuable.I personally believe you are on the correct path for you with passive investing of syndications. 

That is correct.

According to the RLTO you have 48 hours to correct a problem like this and 90 degrees would not be considered habitable by the city