Sell that enterprise.

Over the years of investing and practicing in various aspects of real estate I have learned that forming a strong team including, realtors, wholesalers, financiers, investors and property managers, is essential to the success of any real estate enterprise.

To help with your asset protection / estate planning strategy, you may want to adopt a more generic name for your entity such as "XYZ Enterprises" or XYZ Industries", and use "XYZ Investments" as a dba name.Of course, LLCs should be used to hold income property long term.

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I wish you the best in this exciting enterprise ahead.....as a DIY landlord....

David Jacksone made another good point, just because you can invision someone paying your for information doesn't make it a marketable enterprise, they can call property managers and tenants usually don't see that as costing them anything.

I am a software developer by profession and most of my real estate investment fund comes from creating enterprise and web applications for well known companies as a consultant. 

The reason I'm asking these questions is that if you are a sole member LLC, I could see an enterprising debt collection firm attempting to challenge you in court depending on a number of facts related to your father.

If it's a business enterprise you'll likely have a problem with zoning.

Black Enterprise just came out today with an article stating that LA housing is still not that affordable.