I have consulted an atty.

I was required by the bank to hire a rehab consultant to approve my GC’s work.

That being said, you can't just implement this immediately - you'd need it written into your lease and consult a RE Lawyer as well. 

It's best to consult with an independent 3rd party such as a commercial real estate broker, or do your own research for cost per sq/ft for similar space to yours.

Consult an attorney who specializes in this area to be sure.Is there a reason you don't want to just put your properties in an LLC?

He just informed me today that he is setting up an LLC to be a consultant/private contractor for work.

Always consult with your attorney before you rely on the above information.

@Jacob Michal When unfamiliar with how to handle a deal, you can do 2 things:1: Consult your local real estate attorney or title company so they can hold your hand and walk you through the process.

In my experience flood planes can be a total headache but sometimes there are ways exceptions in the code that still allow you to continue with construction - might just have to adapt a bit.I'd consult a local architect that has experience in flood planes.

I'm about to start "house-hacking" my home for the first time and I'd like to consult a licensed attorney that specializes in Housing Laws in California, specifically the Los Angeles area.