A low LTV refi to get you some additional cash should be enough to clear this up.

Very commonly the resident pays a portion of the rent so your rent increase will affect their budget and their lives. 

Thank youIt's common to get better service and better terms from a Mortgage Broker than from a bank, along with more flexibility. 

The new pref equity is given priority to the original pref and/or common equity.

While this is not common, its also not uncommon. 

Additionally, given that your LLC is based in Georgia but you reside in California, you may face multi-state tax filing requirements, making compliance more complex.

In addition, condos tend to not appreciate as fast in value compared to single-family or multi-family homes. 

Let me know if I can provide any additional tips or resources to help.Best regards,Sadler Surratt 

However, just because I don't agree with it doesn't mean I am in favor of the Government being given additional power to enforce additional laws and restrictions that infringe upon our freedom.

Best to call city hall for the town you are buying in to see what if any rent control rules are in place. see link below if you require additional information and call the Jersey City Landlord Tenant relations office. https://www.jerseycitynj.gov/cityhall/HousingAndDevelopment/...Jersey City CPI chart on recommended rent increases: https://cdnsm5-hosted.civiclive.com/UserFiles/Servers/Server...The state with the highest eviction rate in the country right now is South Carolina.