I’m seeking help on creating a strategy to purchase property near the Los Angeles/Inglewood area up to 2 hours outside these cities.

Investment decisions are highly dependent on each individual's assessment factors, period of time assessed, investment financing, etc.My current ROI is far far greater now than when first purchased. 

Traditional DSCR (Debt Service Coverage Ratio) loans typically consider the entire property's rental income, not individual rooms.

I am a long time user of YNAB (You Need A Budget), so I will be creating my first business budget and I am excited!

That's one of the ways in which those projects are able to provide services to a higher density of units...individual City services are typically not feasible for these projects because they won't meet City requirements for access maintenance etc.

Based in Atlanta, Georgia, I've dedicated over a decade to transforming the real estate sector, leveraging my expertise to not just predict market trends but to create them.Why I'm Here:To share insights, forge lasting partnerships, and drive a paradigm shift in how we approach real estate investing.

In my experience working with clients that have come to me *after* trying the online services, they're usually left wanting more, such as: - market knowledge on what to negotiate (not just pricing)- how to leverage online marketing to generate buzz in order to have a line at the open house- creating a bidding war between interested buyers Again, it boils down to your personal preference but it's worth a try as you say - since you're already an attorney, that's one less thing you have to pay for. 

There are quite a few individuals and companies that have attempted these at some scale, and traditional construction beats them out on cost all things considered.

I read your initial post to mean that you wanted to buy out the partner and then create an LLC to reinvest (with you and your father as LLC members).  

Is is stuck with the properties that created it and I only get to use it against those properties when they have income or I sell them?