For me personally, I am hesitant to sell unless it really makes sense.

Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.

This isn't something I've been able to keep up with personally, so I hire property managers who rely on legal counsel to keep up with it.

I have from time to time spoken with the city administrator, economic developer, & a person at building planning commission.

The concern with the DSCR loan is that I need to make the property present as though it's rented to individuals during appraisal (tough since it's a working rehab facility now) and must create another lease that shows the tenant as personal and not a company.

Just to present an alternative point of view regarding California residents investing in STRs, I'd say the gambit still works and works well.For one thing, you still get to use the Section 263(a) tangible property regulations' de minimis rules, which probably mean you can immediately expense most of the furniture and fixtures in your STR.For another thing, while for your California return you won't be able to use bonus or accelerated depreciation for the personal property, you will still use shorter 5-year and 7-year lives for maybe 25% of the improvements.But the big thing: The federal tax bill is far, far bigger.

I don't think there is a market for that personally. land development is done on a very local basis and isn't a service many CRE brokers use.

If the trust is disregarded and you and your wife file a joint tax return the property is reported on your personal joint return. 

At this point its extremely likely the individual will default and the foreclosure process will happen and it gives a person who can access the documents a heads up that this is coming putting you in front of the people in C above.Where do you get these documents from?

Also, would this loan help build my personal credit, or would it only report to business credit bureaus under my LLC?