California charges a minimum tax of $800 a year per LLC, and more if you have gross receipts in excess of $250k.

. - I will ding their credit such that all credit cards and other debt will cost them more.- I will keep their security deposit for funds owed.- I will do my best to garnish future wages until their debt to me is paid in full.This has worked 100% time so far.  

Owners were charged an assessment (several thousand dollars) in 2023 to put into reserves, as per the new rules after the Surfside collapse.

It sounds like a single family house where you will be living in the house(personal use).Therefore, you may not be getting the tax benefits you think you are.Consult an accountant.I am not sure why your sister would agree to this as well, she is losing $170,000 in this transaction and she faces the possibility of you increasing her rent.You also have to charge market rent or close to market rent or it is all deemed personal use.

If so the carrier has the right to deny any/all claims you make or if they want to be nice they will settle the claim and retro charge you the premium you would have owed having the proper policy in place when you started renting it out.Talk to a legit local agent and tell them what is going on and get them to run down all the exposures you have and what you could do to best protect yourself for the best possible premium.

California charges a minimum tax of $800 a year per LLC, and more if you have gross receipts in excess of $250k.

Similar to a credit card.

Not everyone is very expensive, but some companies/people do charge a bit for this.

So that means even many years down the line, after I've dropped them completely, and I decide to sell my property - they're going to come after me and charge me a months rent because they didn't sell my property.WHAT SCUMBAGS!!! 

and they charge per door and not sure if they even offer everything that I want.