As these sub single member LLC will be disregarded for the IRS the only tax return will be for holding LLC.The piercing of the company veil is a concept that if you don’t treat your LLC as a separate entity (failure to maintain its documents, registration, commingling of money, not signing as the LLC, etc...) it will show a judge that the LLC was only your alter ego and he would deny any of its liability protection (inside and outside).California is a state that requires that each LLC owned by a resident or doing business in the state has to pay a $800 franchise fee.

I am an agent and own a short term rental mgmnt company so am very familiar with the STR rules and regulations as well as the best areas for that strategy locally. 

I know of investors who have worked with hard money loan companies to successfully secure a DSCR loan for properties. 

Please stop asking us for "the best" zip codes to invest in.Detroit has around 183 Residential Neighborhoods - wouldn't it be nice if "some proprety mangagement company" Classified them all as A, B, C, or D on an interactive map that real estate investors could use to make better decisions?

Full Disclosure is Required for Non-Accredited InvestorsIf any non-accredited investors participate in your deal, you must provide them with detailed disclosure documents.The SEC states:“[The company] must give any non-accredited investors disclosure documents that generally contain the same type of information as provided in registered offerings.”This is where having a Private Placement Memorandum (PPM) and Subscription Agreement becomes absolutely necessary.A PPM outlines:✅ The risks of the investment✅ The structure of the deal✅ The terms and conditions✅ The use of fundsA Subscription Agreement ensures:✅ Investors acknowledge they understand the risks✅ They meet SEC requirements✅ They legally commit their capital🚨 Not providing these documents could leave you vulnerable to investor lawsuits.4.

Rinse and repeat as many times as life allows, or convert to buying pure investments.Consider employment with a property management company.

The mold remediation companies should have the skills to identify the source, suggest a solution, and give you a bid with a guarantee of their work.

You could also sell the lead to another company/person.

A title company?

Or hire a PM company to manage for you?