However, if you put it as a primary residence house, the only liability you will be counted towards is the monthly mortgage payment of the house and removing your rent expenses (since you moved out).

@Arshiya TaamiHow long you been collecting a w2 and what are your incomes vs expenses?

Also it is usually more expensive than traditional financing so if you would qualify for traditional financing you might want to explore that option first.

Of course I will hire a property managerHey Isaiah, I moved to Columbus a few years ago (from Portland, Oregon which was super expensive) to become a full time real estate investor, and ever since, I've completed quite a lot of BRRRRs, flips, and own a successful rental portfolio here in Columbus Ohio.

Consider alternatives like renting a car solely for business use, leasing a car with business-friendly terms (consult your tax advisor for details), and focusing on maximizing deductions for legitimate business expenses such as property taxes, maintenance, and cleaning supplies.

I have records of all expenses the business has contributed to the reno. 

This can provide a significant tax advantage.Deductions: Expenses related to maintaining and managing the property, such as property management fees, maintenance costs, utilities, and mortgage interest, may be deductible.Tax-Free Rental Income: In some cases, if you rent out your property for less than 15 days a year, you may be able to pocket the rental income without paying taxes on it.Section 179 Deduction: This deduction allows you to deduct the cost of certain qualifying property as an expense, rather than depreciating it over time.

Same goes for number of LLCs and what to fund them with, since bear in mind that CA tends to be more cumbersome and expensive to have LLCs than other states.California is generally more cumbersome than other states when it comes to taxes and filings.

My concern is the service is quite expensive for the first three months where they help you plan you strategies for investment  path.

What states are good that are not super expensive were the property will appreciate but will also be able to bring in a monthly income?