I am brand new to the real estate investing world and discovered this amazing community when I figured out I was wasting my full potential with my 9-5 w2 and knew I wanted more!

Be careful of firms trying to sell you on $7k plus packages and complex entity structures.

When I purchased the full duplex, I inherited one side of the duplex tenants who are paying far below market rent, and new tenants on the other side are paying market rent.

This will be a "3/4 full time" short term rental / second home while I do plan on visiting once every month or so for the week/weekend depending on vacancy. 

You can reorganize your many LLCs under a Series LLC structure and have a single bank account 

I will rent to him for remainder of life for 1000.00 My thoughts are in ca adu are allowed and almost pushed upon us I have raw land with water to it I was going to write a plan to have a structure manufactured home cause the utilities and set up are provided in cost rent to the guy who is willing to buy the structure and borrow some money from the trust it says she has discretion to do that! 

Be the bank full stop.. having rental property has been good for the depreciation benefits during our high income years when we are building new construction and no other way to shelter large annual revenues. 

I'm states where e&o is required, it may actually then end up disqualifying you from having a license then.It’s hard to structure a scenario where conflict of interest is eliminated.  

Consider Offering Incentives: If the tenants are unable to pay the full amount of rent owed, consider whether offering them a financial incentive to vacate the property voluntarily could be a viable option.

It was installed there before there was main sewer system, disconnected and maybe few years ago when the seller added a full bath in the basement, maybe by mistake the plumber did the repipe connected it to a pipe which lead to a a tank and not the main sewer.