Unfortunately as others have mentioned there are not great data tools for MTR specifically. 

You have to deliver specific forms, and a relocation fee to the tenant is required.This RSO website will answer your questions:https://housing.lacity.org/res...Good luck!

Specifically two member LLCs.

Do we just need to ask the city about every property we're interested in or do we need to wait until we're under contract on a specific property?

Mods, if this is in the wrong area please move or delete.I pay for a monthly service that gives daily updates to the mortgage market, specifically how MBS are trading and market influences that sway pricing.

Welcome.Whether you're just starting to explore or are looking for specific advice on a project, the community here is rich with experienced investors who can offer valuable perspectives.

  "203k" is a term specific to FHA.There are all sorts of "w2" jobs. 

If I was really concerned I might buy a local subscription to a specific area on AirDNA to see how it pencils out vs the enemy method.Also, I don't think that AirDNA is particularly sophisticated.

Any specific advice regarding taxes and rental income?

You can also meet other industry professionals like loan officers and real estate agents that can give you market specific real-world advice.