If you have an LLC operating in another state but you reside in CA they make you REGISTER that LLC as a foreign LLC doing business in California. 

I’m sorry it’s putting some residents in a bind, but this is how capitalism works.

Contact me if you'd like a lender recommendation.On top of the MACU loan, you can buy a STR as a second residence which only requires 10% down as well.  

., zoning exceptions for business in a primary residence, city lots for sale for under $15,000.  

Residents with sufficient income will relocate to more desirable areas, causing a downward spiral of declining average incomes and deteriorating city services.

It normally doesn't cost you any money to open and to be able to access that large amount of equity to buy or stabalize your current portfolio allows you so much more opportunity costs.For instance, I took a $200K LOC out on my primary residence when I first started in real estate.

The SPB and TI areas are actually generally not STR friendly and have 30 night minimums for single family residences. 

Investment Info:Single-family residence buy & hold investment.

Investment Info:Condo buy & hold investment.First primary residence (2 bed/ 2 bath condo) located into a desirable part of Southern California.

FHA loans are designed for primary residences and require the borrower to be an individual, not a business entity.