I am hopeful that MAREI and other entities will have clarification on how a landlord can and should utilize this ordinance.

Throw in costs for setting up entity and other stuff and call it an even $20k.These loans were not easy to manage but I wanted to spread my risk across four assets.

I never like working with government entities and their bureaucracy. 

If there are any foreign entities involved, there are very strict reporting requirements on reporting said foreign entities.

these LLCs are US taxpaying entities owned by a foreign national. 

California does not recognize series LLCs.You also want to look at whether a pass-through entity helps your bottom line and your taxes.

Allows a landlord to do any of the following because the tenant has contacted an entity for law enforcement services, health services, or safety services:a.

Plus an LLC is a pass through entity.

You'll give up some project but the value in that first deal is what you learn.Sometimes you can meet builders at local real estate meet ups this is exactly right. we close in a single member entity with 95% of the new build owned by the client and 5% of us so we can qualify them. we don't have voting or distribution rights 

I would create two different entities one for the pizza shop and one for the real estate.