@Bob Asad I like the individual sub account method escrow account, but there are multiple different ways to hold security deposits and multiple laws in different states.

I love a risk if it means a reward. we’d love to buy a rental in our future home state but recognize the complexities of that.

It was suggested that we create an operational company that will lease rooms to individuals in recovery.

Some of the easiest deals my dad did were taking a large piece of land and subdividing it into smaller pieces and then selling them off individually.

If a cash out refinance, many lenders will allow the cash out to satisfy the reserves requirement.DSCR lenders generally let you vest either individually or as an LLC.

Some other other options to consider that may be easier, would be these: 1) Take your $840k and have a money manager at Vanguard, Fidelity or Schwab invest it in individual bonds at a 4-5% return. 

>  Some LP want cash>  Some want alternative real estate>  Some want individual properties currently within the partnership. 

I’ve got her dealing with 8 properties which have individual accounts.

Definitely "Company 1" is Morris Invest and "Individual 1" is Clayton Morris.

I think finding other value adds than ADU additions are likely to be the superior investment versus adding a ADU.Best wishes, especially wishing the best to all the fire victims.I believe the market around north L.A. is one filled with some pretty well healed individuals.