I know of only a few people that own rentals as a secondary aspect of their primary business.

It's the best way to gain experience, work with buyers and make money while you're growing your business. 

I would be the first to ask for this "advanced" type of tracking but I feel with out it you aren't treating these units as a business and are guessing.

Timelines tend to vary depending on CHMA's work load at that point in time. 

Create columns for Name, Street Address, City, State, Zip and then contact info: Last Contact, Relationship, Status, Email & Phone.IMPORTANT: do NOT ask people for THEIR business, ask for referrals!

Right now I would imagine you're best bet is a small balance Freddie or fannie loans depending on loan size and location.

Do you realize that nearly a third of California's operating budget depends on federal funds?

OesterleSome of this depends on the terms in their existing lease and potentially state law- like if it says the lease terminates if the property is sold.  

An LLC is used to hold business assets.A house-hack is a partial personal property / business property.You also have to separate business and personal assets within an LLC.So the question is would you be getting the protection that you are looking for by putting an asset that is partially personal within an LLC.You might also be losing your homestead exemption.Best of luck.

To reiterate my point, we can remove real estate from the equation and use a business instead.