Most folks starting out here are mom and pop organizations that do most of the work themselves and trusts will not hide them at all. 

I’m a licensed architect and contractor with a passion for creating spaces that blend functionality with aesthetics.

We have been very sweet to these tenants - we rented them home when they had no credit history, we fixed every problem they reported(and they reported every small thing they noticed), we took care of them when the kitchen was non functional for a couple of days.

As you mentioned an LLC as well, generally you would either have a TIC Agreement or an LLC as the LLC operating agreement will essentially serve the same function as the TIC Agreement, and ownership would either be held in the LLC or as TICs at any given time.

You might just find your first deal, partner or actionable step here on the forums.To help new BP members find what and who they're looking for, I recommend 4 things:1. use the 'search' function to find topics, members and areas of interest .

Obviously during the renovation process we tend to focus on functionality and cosmetic features.

I’ll be sure to notify all tenants in writing of the cameras function and remind them that, per the lease agreement, we are not responsible for any of their property and they are recommended to get renters insurance. 

As other have stated, remove the owner form occupying the basement and remove the stove so its not viewed by a  lender as a fully functional apartment. 

instead, they expect you to extract and fill out a GENERIC 'organizer'  when you try to list the data that is missing at the bottom of the 'organizer' they dont read it!

The organizations that run them, completely ruin it. https://imgur.com/gallery/xlMn0Ad