The other thing is whether the owner charges market rent.

@Shaun Hood you can get an 80% LTV Heloc on a rental at Pen Fed if you have 3 properties or less including a primary and they are held in your name and not in an LLC. 12 year draw, variable rate tied to prime + 1%, no closing costs unless a physical site visit appraisal is needed or you close it within 2 years in which case they back charge you the origination fees that they waive when opening ($400-$600).

The only difference is the fees normally charged the investor, are allocated to the nonprofit...as a donation from fyre CAPITAL.I might need to take a step back and realize that fyre CAPITAL itself is the donor, rather than the investor. 

I charge 1.5x the rent.

Even if you had a super rich family member or a (private Money Lender), they should charge you something for lending the money to finance your "deal" even if it's 1% I wish the damn gurus would change course and tell you that you "Can" start in this business with very little money (wholesaling) but to outright LIE and say you need no money?

So why do theses HVAC contractors charging more than 8k for parts and installation?

What is the best way to charge your tenants for utilities if there's only one meter?

You didn't specify so I will assume you're not planning to charge rent while your children use the property. 

Also verify with the HOA as to who is in charge of the wall. 

California charges a minimum tax of $800 a year per LLC, and more if you have gross receipts in excess of $250k.