@Tim Gordon Thanks for the insight on the ADUs with California's new law.

Is anyone here an expert on Canadian taxes with respect to purchasing US real estate?

But every bit of insight helps.

I hope some of the experts here will point us in the right direction. 

Hoping to gain some insight on a potential rental I’m trying to purchase.  

Of course, the main issue we seek to tackle is how to best limit the liability of the parent company - and the attorneys that we have spoken to claim that 1) "this is out of their league" or 2) are unable to provide any specific insight on the specifics of the legal structure.

So thanks for the insight on that.

I would second what the experts abover are saying.

This should be an automatic/easy vetting to make sure an agent isnt just telling you they are a mulit-family expert. 

I been researching myself the answer to this dilemma - here are some other threads that you should read to gain insight in the various pros and cons of an approach versus the other.74999-paying-off-rentals-early568352-pros-cons-to-paying-off-rental-property-early547169-how-leveraged-are-you527382-pay-off-mortgage-and-snowball521188-pay-off-one-property-or-look-at-another74999-paying-off-rentals-early529189-payoff-mortgages-or-notShould You Pay Off Your Rental Properties Quickly?