@Juan CamposThe credit union I worked with did an in house loan which allowed me to drop PMI if I went this route.

I'm hoping to get some guidance on how to go down this route as this is not going to be a regular type of tenant.

I would go this route first before the auction.

If wanting to go the LLC route you create the LLC in the state where you are doing business.

I don't think I am ready for (if ever the renovation route). 

I mean everyone says the exact same thing on BP.. its kind of cute.. not sure where they read that or why but that's the way it is.I only suggest the agent route because your one selling real estate without a license if your going to make any money and that's not legal in CA no matter how many wholesalers get on here  and say it is.. 

I do however see it as a great option for someone in the medical profession, for example, who's not capable of putting all the pieces together themselves.We've gone the route of helping the client buy on / off the MLS, providing them the construction and management services they need post closing, therefore leaving more value and equity for the investor.

I would recommend getting an attorney to help you set up the LLC so that it is set up right the first time.In regards to the issues with financing an LLC, you could go the route of the commercial loan.

I already house hack a 2 family in Union City (not subject to rent control) and have thought the owner occupant route to get exemption from rent control for 3 families was an interesting strategy.

Hello, Here are two options as I’ve worked for a large bank opening business accounts With the series LLC verbiage in the master certificate of formation and an operating agreement that outlines the intent of the series LLC, you should be able to get separate EIN numbers for each series and open the accounts with all of those documents.OrYou can register the DBA owned by the series LLC through the Secretary of State which is the easier route.