A prudent investor doesn't seek quick riches through shortcuts.

This treatment ensures accurate financial and tax reporting, as the credit is part of the sale transaction rather than income.This post does not create a CPA-Client relationship.

A prudent investor doesn't seek quick riches through shortcuts.

I certainly Do Not know it all and will never be able to learn enough even though I continue to be a student seeking knowledge always.   

Seek qualified legal guidance

IMHO it is foolish to list on one platform and detrimental advice to those seeking advice on this forum which is the only reason I chimed in again... but you do you.I think you get the picture better than other comments because you have a higher occupancy rate and actually on the first page often.

I am not seeking to charge each tenant, only seeking to remotely monitor each buildings water usage to identify costly waste/problems early as possible.

For investors, this presents a niche market to target families seeking multi-generational living arrangements.Things to Keep in Mind:SB 9 projects must comply with local ordinances, which may include design and setback requirements.Properties in historic districts or areas prone to environmental hazards may have restrictions.Lot splits under SB 9 require that the owner occupy one of the parcels as their primary residence for at least three years.ConclusionSB 9 represents a significant shift in California’s approach to zoning and housing.

In the interim I'm seeking PMLs to fund them. 

Unfortunately most lack the balance sheet to obtain favorable financing, can't afford to put any skin in the game and fail to make a compelling reason for why the investment makes sense or to justify the structure they are seeking.