Post with more detail, in the above forum, and hopefully you'll get some rational responses. 

Can you arrange for counters, floors, painting other “basics” without him tacking on his 20%?

Second main point: Avantstay has excellent systems to find guests who will treat property and neighborhood responsibly.

And ended up 1031ing his entire portfolio to where he wanted to live when he mustered out.

I was able to rent the garage to a seasoned electrician running his business through there only coming in and out to stock his truck once per day.I hope to be able to convert the second floor into an ADU as soon as Feb 2nd rolls around.

My partner is considering the same on his home, however, he still owes about 100k with 300k equity.Is this a wise strategy?

Rent payments from the medical LLC are fully deductible as a business expense, while the property-owning LLC will report the rent as taxable income, which can be offset by deductions for expenses like mortgage interest, property taxes, maintenance, and depreciation.To ensure compliance, document how FMV was determined—using market comparisons, an appraisal, or similar data—and draft a formal lease agreement outlining the terms, rent amount, and responsibilities.

@Mark F Thanks for the detailed response! 

Since they're responsible for the property, they’re selective about who they take on, but I can refer you to them.

Welcome to the community and be ready for a huge amount of information at your finger tips.