An LLC is useful for two things: anonymity and legal protection.

Looks like the founders are trying to raise funds for their legal fees. http://www.gofundme.com/nwaclubLegit or not, I've deciding to pass on it. 

Even though The Hideout HOA lost their legal battle opposing STR, there is still fallout. 

If you need help with the process, you can contact Consolidated Civil Enforcement - they have a ton of experience helping landlords through the legal process.

This doesn't replace the need for a MSA that will capture additional clauses needed on a Contractor-SubContractor relationship, this is just a project specific form you would use in addition to the MSA (prepared by your Attorney):This template is for informational purposes only and does not constitute legal advice.

A licensed agent can do all the things a wholesaler can do, and is a proven business model where the same hustle that any successful wholesaler brings to the table can be rewarded 10-fold more, with little in the way of legal obstacles.

Do not rely on it for legal advice.

I've spoken to 7 agents here in California and none are really knowledgeable about str friendly hoas, they ask send me the canned responses at this point I've accumulated 100 percent legal strs in different counties in California.

You would need to check with someone who understands mortgages how long you would legally be required to live there.The other thing to consider is you'll likely want to move out of your parents house at some point, I don't know what down payment assistance looks like in the area or if you have a low enough income to qualify. 

Talk to the management company and if you're not feeling things are right or legal, then take legal action.