We are cash flowing great, and continue to pour those profits back into our houses by replacing roofs, painting/siding, and improving the properties to make them more appealing and to get the Cap Ex taken care of. 

Before making any decisions, review the information provided by San Francisco's Office of Short-Term Rentals website, consult with local experts such as real estate agents or property management companies that specialize in STR.

Problem is, me and my siblings are also beneficiaries.How do I find out if the house is really company owned, and can the trustee make it so that no one can see this. 

You can continue to compound the growth of your portfolio while deferring your taxes.You are looking to diversify your assets: You can exchange your property for a different type of property - commercial space, residential home, apartments, etc.When to consider utilizing both strategies?

Does any one have experience with direct mail marketing companies like Wise Pelican, ReminderMedia or Mailchimp?

@Vamsee Lella I know some companies.  

So that's the dilemma.My question is... should we move forward with the 203k (and Refi) or should we continue to wait and complete the ADU via a different route? 

I will continue to pursue this! 

Of course.The thing with having a real estate portfolio that sustains you long term requires knowing the risks, structuring things for more surety, and knowing how much work will continue to be involved.Personally, I think out of state investing is very risky, so I like to invest close to home.  

I know the market very well as I already own a couple of cabins in Broken Bow, and I own a property management company here as well managing 30+ cabins.