Rents are so high right now, and housing supply so low, seems the legislation reflects California’s desperate need for more housing.A neighbor of mine who’s also an architect developed a pretty interesting concept that we may incorporate in to our build out.

Hi all, I've been doing research, reading, and listening to the bigger pockets podcast for a couple months now, but I have some questions about starting out on my real estate investment journey that might be more specific to my situation.My name is Austin, I live in South Florida and work full time in corporate finance.I have never owned a house, I have great credit and no debt.I think my first move should be a multifamily househack and take advantage of the FHA 203k loan.

@Thomas Lee Nuckles @Elvin Tolentino Here is a graphical representation to your dilemma to help you in the quest for answers:

Now my question: Have any of you seasoned investors been in a situation when you needed such a protection and having an LLC (or another incorporation form) insulation really helped?

@Sergio Aguinaga, yes I'd add an addendum X with the terms and incorporate with the original lease.

Since then, I've attained a welding Journeyman Certificate, started an incorporated company, upgarded my schooling, completed my Mechanical Tech Diploma and pursued a Project Management Certificate.

I also improved the plumbing and electrical systems, updated fixtures and finishes, and incorporated energy-efficient features to enhance the property's appeal and functionality.

Its desirable location, proximity to amenities, and the added value I incorporated, such as the dedicated doggy haven, set it apart from other rental options in the area.

Its desirable location, proximity to amenities, and the added value I incorporated, such as the dedicated doggy haven, set it apart from other rental options in the area.

Furthermore, we envision incorporating a food park that includes a farmers market.