They will likely know of your property, or at least be able to get an idea and let you know what they are seeing in your market for your quality of space.As for how to calculate, there is no set strategy.

Like you said, it's a hospitally business.

I have never understood people in business settings having massive egos haha. 

.- **Alternative Strategies**: Continuing with delayed lending (refinancing after repairs and tenant placement) has its merits, allowing you to build equity and stabilize cash flow property by property.Please feel free to DM me.

Just get a firm exit strategy in place (and a backup) for financing before you take action - most cashout refi products have seasoning requirements these days. 

One addition to the strategy is do some basic follow-up.

I own a rental property (4 bedroom house)  and the Tenant is using the property as his business address for his construction business. 

The answer will be dependent on your fact pattern, so a general forum like this may not be able to answer such a broad question.With regard to the LLC structure, note that CA does not recognize series LLCs, and CA tends to have a broad opinion of what constitutes "doing business" in the state, and therefore, what LLCs need to report with the CA Secretary of State and file appropriate tax returns. 

Too many people overlook the simple strategy of building wealth through equity. 

I know businesses do it but I would rather directly support the causes I believe in.