It’s “illegal” to purchase a property without the approval of the existing note holder (subject to)2.

Like others mentioned above STR's have become quite tricky but mid-term is still fair game and not subject to the same restrictions.

But, an LLC is subject to the laws of it's state of organization not where the property is located or its members reside.

Even if you create a non-CA LLC, if you are managing the business from California, you will likely be deemed to be "doing business" in California and therefore likely subject to CA taxes.

IMHO You can go with ducted minisplit systems as this is a new build and subject to the newer energy code.

I've done some research on this topic and connected with some lawyers on the subject- would love to connect and share some ideas, maybe even JV on a deal!

If your intention is to use subject to, to enter into a business with another individual, the best advice is to have an attorney draw up both documents.

You won’t obtain accurate information about your contractural obligations fromReal estate brokerSellerMentorBP forum members who haven’t even seen the subject purchase contractSo, where to you find an UNBIASED, ACCURATE, EXPERIENCED opinion of where you stand?  

this is a strange (morbid) subject.

Quote from @Eric Fichera: @Stuart Udis what’s the average prices for class A B in PhiladelphiaThe answer to that is subjective.