Attorney (maybe)4.Accountant (maybe)This is a short list of people.

@David Goings I am a fairly new investor but i plan on using the LOC for a down payment on another buy and hold rental investment at some point in the short future.

Hello BP familyI discovered and joined BP yesterday and jumped right into the information.

What they quickly discover is that virtually a single capital expenditure, a few inflated vendor invoices or a slow turn, could literally obliterate that month, quarter or year of being in the black.Likewise, PM's have to be concerned with much more than "Tenants, Toilets and Trash".

@Christopher Short, I've used Fund That Flip and DoHardMoney before.

@Dave Foster will be along shortly to explain everything for us.

Long story short, we needed to raise $12M in about 60 days, with $1M going hard at day 60.

@Bosko Mijatovic seems like you’ve discovered ADUs, that’s the route I’d go.

Having those other documents bolster the fact that your LLC is in fact a business rather than just the 2 short forms on file with the state.

If you're operating a short term rental that focuses on <30 day stays, you should consider a Schedule C business.The 2018 Schedule E tax forms has a box for Short Term Rentals but I'm not clear what they have in mind.