I own an MFR under an LLC in CA but the LLC is a DE LLC to avoid the $700 annual LLC tax in CA.

I work in the DST space (Delaware Statutory Trust) which are passive real estate investments and we often use these to list as backups on the exchange just in case.

Companies with a high debt ratio or poor d/e ratio--which are a lot of companies-- won't sustain living in a high rate environment. 

In the back of your head, if I were you, I'd be thinking about finishing this up in such a way that it's most cost effective to "de-ADU it" if/when needed (it can be an office or a storage shed or communal rec room, no issues there).

@Paul De Luca agreed.

In Delaware we have to give 48 hour written notice but abide by the landlord tenant code where you are. 

Quote from @Paul De Luca: Quote from @Hector Serna: Hey guys,So I recently got out of my 3rd deal in Cicero, IL (Chicago Land Area).

Quote from @Paul De Luca: Quote from @Samuel Jolicoeur: Hello all!

Quote from @Paul De Luca: Quote from @Gerardo Castillo: Hello everyone:I have bought a property in Montgomery and wanted to rent it through the section 8 program.

@Paul De Luca looking at the town code for the district I am in and it says “prohibit short term-leasing, business, commercial, and industrial uses.”