I've never even used traditional lending, but I've found that talking to lenders is a great way to learn the basics.

The Santa Monica regulations you linked only say that you have to pay for packing and moving the items.

If she wants a lump sum you’ll need to find a way to gain possession by either traditional financing, or possibly a land contract or master lease option and then (assuming you can) refinance after a renovation with a quick turnaround.

Many investors get 5-10 years of traditional cash flow and market appreciation in 1-2 years. 

CAsh purchase then traditional financing with a great lender/line of credit.

They left some items in the property and we had to change the lock.

My lawyer told me to put my assets under the LLC and Tax ID number how do I do this if I get a traditional mortgage loan to finance a rental property in my name and social? 

Notes and traditional buy and hold have less turnover and work.  

It is the largest line item in that typical household budget.

We have about 4 different spreadsheets which tracks income, expensed items, cap expenses and contact info.