If the LLC owns a property in a different state, most of the time, the other state will require you register your LLC as a foreign LLC. 

You are aware that PadSplit requires you to convert your living and dining rooms into additional bedrooms, right? 

Electric heat can be very expensive in the winter so I would always encourage landlords to have tenants pay utilities so they have some incentive to conserve.

-While rent would be more expensive month by month, the idea of being able to take my equity out of my home and also being able to reduce annual repair costs, property taxes, etc. does seem appealing to me. 

Hello AllI have a opportunity to purchase a 3 unit rental property. how should I structure the offer and what should be required in it.Does the seller provide a fee and clear Title with Title insurance, should the seller be required to evict the tenants before I purchase, what verifications or contingencies should i include. etc......ThanksJeff

Below is straight from their FAQ:"VA loan assumptions do not require the home to be your primary residence, making them a great option for real estate investors.

Rent is decently expensive, but whenever I booked the stay, the owner mentioned he was trying to sell the unit.

I recommend you send notice earlier than required and by multiple avenues to verify receipt.

Follow all safety requirements your Insurance Company plus city and county require.This usually includes childproof access and alarms.

With the fires in CA, you can expect materials and contractors to become even more expensive.