I don't think the city council was ever serious about this ordinance and as it stands, it is still not in force meaning it is an ordinance that the city has not implemented into their policy.  

You tax preparer should be able to file a schedule e for you under which you can report earnings and expenses for rental property - even if it is owned in your name.3) Lastly, owning a property in an LLC is great for liability protection, however, it can prevent you from obtaining conventional mortgages, which offer the longest terms and the best rates.My 2 cents!

@Ford SmithThere is a ton of positive and highly helpful information in the thread above, and you should implement as much of it as possible.  

Maybe I need to implement this into my model.

Unless it has serious mold or structural issues that would prevent a bank from giving it the approval for traditional financing, securing the house at all could be a struggle.

The oil based primer will prevent the wallpaper from bubbling up at the seams.

Thanks for the response @Jassem A.The 5 day notice that I found online included language that payment would not prevent me from trying to obtain possession, but I'll definitely add it to a receipt if I get paid.I'm really hoping they don't pay. 

I may just need to start socking away more for the unexpected repair and keep up with my preventative maintenance.  

I've used the product below, (delta fl + particle board + flooring) and it does a good job preventing the heat transfer into the slab. http://www.cosella-dorken.com/bvf-ca-en/products/f...

If you have a strong plan that will prevent another noise complaint then you have a chance.