You definitely want to check local laws.

You would want to check with your CPA/accountant to see how he would like you to set up the second LLC. 

I would recommend going to a real estate agent and asking them if there is a standard lease that is used by the Realtor Association and use that one.

I haven't paid for anything other than books but I'd recommend checking out Robuilt's youtube channel.

I recommend checking out Omni's Cashflow Breakfast Club (there are a handful across NOVA).

The standard for raising rent varies depending on local laws, regulations, and rental agreements.

I will check out local resources.

Yes, you will pay for commissions (which are 100% negotiable)- I like the idea of approaching the agent for the new buy (if in the same area), who might give you a discount on the listing if you also buy from him or her.There are programs out there that help you BUY before selling, they will give you a 20% downpayment and money for repairs on your existing house- you'd have to use an Agent and them that is affiliated with them and they act as the straw man lender- check out Knock.com, Ribbon, Orchard, Homelight, etc- and there are others- I'm not sure which are available to you in California.In most states, homes are sold "As-IS" anyway), and all you have to do if you cannot make repairs is to properly DISCLOSE what you know isn't working, so that buyers can take that into consideration in ADVANCE of contract, in both their offer but also to save them surprises later on which could cause them to back out- if they know in advance and all is disclosed, there's less chance of that happening.

Note the standard 401k and IRA limits will be maxed..This needs to be AFTER TAX contributions that can then convert to Roth.Thank you for any insights-pr--Respectfully ask not to be contacted directly by financial advisors seeking new clientele. 

If someone applies, how would you suggest that we run credit and criminal background checks on them so I can see if they are someone I would like to run credit on?