(I called the bank, and even though I have a great job and can pay for the current mortgage very well, they require that I refinance to remove him).

i will consider Reno as well.

You also should call your local zoning or permitting department to get information on areas you are interested in and how to be a legal STR.I 100% recommend making sure the STR could work as a LTR as well in case you have to pivot ever.

Your fee to your CPA will be double as well as your on-going maintenance to keep those LLC’s in compliance.With the simplistic process of having one LLC for operations and one Series LLC for asset holding; you will save yourself a ton of time, money, and headache which would occur if you move forward with juggling 4 LLC’s – yuck!

Maybe as much as 50-60 years if maintained well. 2.

If you decide to stay in CA I would definitely suggest getting to know a good tenant/landlord lawyer that is familiar with lease creation and knows the process well. 

We’ve had the opportunity to work with several cost segregation firms over the years, and our experience has stood out in terms of professionalism, accuracy, and customer service.If you're interested, we’d be happy to provide more detailed feedback.

@Melissa Goff I'm in NKY as well. 

My tenants are great (well, until today).

I expect the project will be a bit cheaper than the quote because I've been sourcing materials myself which were included in the quote and was able to buy new hardwood flooring on fb marketplace as well as buying nice hardwood cabinets from Habitat Restore that will be refinished instead of buying new plus a few other fun thrifted finds to keep costs down!