You'll likely want to start with reviewing the requirements under Prop 19 for retention of the base assessed value when adding a child to title, and also look up the rules for a basis step-up at death. 

If you are going to do this type of business make sure it is in an area you can visit or make yourself familiar with, you have someone that is representing YOU at the table like your Attorrney, and you don't make decisions based on "we need to wrap this up". 

Here's a case study that would be dismissed based on your criterion:-Asset: Mix Use 11 Unit Building-Contract Price: $1.73M-Existing Rent Roll $15,800*Currently 1 vacant commercial space market rent $5,500 & 9 apartments all leased below market value (60 day termination provisions for each residential lease). -$650,000 Renovation Budget-Stabilized Rent Roll $25,400-"As Complete and Stabilized Value": $3.45MThat's a recent MLS deal in a B+ Philadelphia location with a credit tenant that's been there for 20 years in the occupied commercial space.

@Katie BustosWhen you buy a home with a rental unit, like a garage apartment, how you're taxed can change based on how you use the property and if you rent to family or others.

Often it is based on how well you pay back history.

This can help set your facility apart from standard self-storage options and attract a broader clientele.Citations:[1] https://www.brandbucket.com/name-ideas/storage-facility-busi...[2] https://www.brandroot.com/storage-business-name-generator[3] https://domatron.com/article/warehouse-name-ideas[4] https://brandongaille.com/30-catchy-storage-facility-busines...[5] https://www.selfstoragetalk.com/forum/general-self-storage-f...[6] https://www.constantcontact.com/blog/warehouse-names/[7] https://clearlyinventory.com/resources/inventory-basics/how-...[8] https://www.nichepursuits.com/storage-business-name-ideas/[9] https://namefatso.com/blog/storage-business-name-ideas[10] https://www.creativesafetysupply.com/articles/creating-an-ef...[11] https://www.datalinx.co.uk/blog/how-to-name-and-label-wareho...[12] https://www.starterstory.com/storage-locker-business-names[13] https://www.lawa.org/-/media/lawa-web/tenants411/file/dch201...[14] https://tritonstore.com.au/warehouse-rack-labelling-best-pra...[15] https://www.infopluscommerce.com/blog/warehouse-rack-labelin...[16] https://www.scanforce.com/blog/creating-a-warehouse-location...[17] https://www.linnworks.com/blog/warehouse-rack-labeling-ideas...[18] https://www.granitewms.com/news/warehouse-101-inventory-basi...[19] https://www.linkedin.com/advice/1/what-best-practices-naming...[20] https://www.reddit.com/r/editors/comments/7jd83a/what_do_you...Given your storage facility's location in Manteca, CA, and the diverse range of services you plan to offer, it's essential to choose a name that not only reflects the multifunctionality of your services but also resonates with the local community and potential customers.

Based on my research it seems like with a little rehab and managing a short term rental effectively, short term would likely cash flow more in a market like Tampa. 

Couple things to check for:- Check to see if the applicant's name, address and personal contact info matches across all information you receive like credit check and ID to make sure you are dealing with who they say they are.- Have a set of rental criteria you are looking for and compare against that criteria, like minimum ratio of income to rent, minimum credit score, etc.

So examine per zip code based on geographical location.

I am a realtor based in York, PA.