So even if you pick a state with stronger protections like WY or NV, the cause of action arose in the state where the tenant fell, so likely that the court where the accident happened would have jurisdiction.California tends to have more laws on the books and requirements and restrictions that it can be a good idea to form a CA LLC for out of state property so that you as a CA resident are covered, and to try to have your contracts fall under the purview of CA courts.

I’m an investor out of Duluth, GA - which is in the suburbs of Atlanta.I just recently closed on a nice HELOC (224k credit, 3% APR, interest only) to use for financing some upcoming deals.My question for the legal professionals here- the HELOC is under my personal name (it’s taken out against my primary property), but I’d like for upcoming fix & flip projects to be under a different LLC for liability sake.Are there any restrictions on using that HELOC and putting the property under the LLC ownership?

We had restrictions with the amount of space and density in the metro that made smaller multifamily properties extremely profitable to build in the 80's and there is a ton of properties being bought a sold on the market.

Demand during the past year has been buoyed by the trend towards work-from-home and a desire for more space in the suburbs to escape the worst of pandemic-related restrictions and urban unrest.

Hard pivot - if we're interested in a house that is zoned for multifamily, how excruciating is the permit process & how restrictive are the building codes for converting a single family to multi for the first time?

@AJ ShepardI think you may be overstating the restrictions.  

The cash flow is there, the restrictions of large cities are not.

@Danny Webber took some digging with the city, county, and Manville water - one property per acre has been confirmed and cross referenced with deed restrictions, so 4 new builds and a remodel of existing is the exit. 

So even if you pick a state with stronger protections like WY or NV, the cause of action arose in the state where the tenant fell, so likely that the court where the accident happened would have jurisdiction.California tends to have more laws on the books and requirements and restrictions that it can be a good idea to form a CA LLC for out of state property so that you as a CA resident are covered, and to try to have your contracts fall under the purview of CA courts.

If so, is there any restriction on how long you need to live in the property before renting it out?