Matthew, if you want to do anything like this, you'd have to respect the law in every country in which you raise capital, for the capital raising part I mean.The question you might want to ask yourself is whether you should be attempting to be doing that at all and if you're qualified for it.

All due respect, why do you care? 

If your protection is “limited” as the title implies with LLC, (Limited Liability Company) and CA is a horrible state for litigation and taxes, and judges give very little respect to elaborate asset protection schemes to protect debtors (you), what option do you have?

If you keep in mind all the aforementioned and you understand/respect the culture, being very strategic and resourceful there is a great chance you will land on the good side of this.

John, I like to keep things respectful.

With a decision that it's serious, and going to give it the respect and attention it deserves, it's exactly like bodybuilding where you start at the end. 

The unfortunate thing I sometimes have to explain to my client is that what they "want" in rent isn't always what the market will bare.Long term the real goal is to put tenants in place who will respect the home and remain your tenants for a long period of time.

The sites above probably have 90% of all traffic for each respective strategy.

Note a condo conversion and/or coop/TIC already permitted this but financing may have more options than TIC And process may be easier than a condo conversion   Condo conversions and TIC have been done for decades/years respectively.  

I would assign parking spots respectively before leases are signed.