This property is in California in the LA area.

We do this through ADUs, SFHs, and MF apartments.

Quote from @Dana Yobst: Hi y'all- I'm getting my legal structures & privacy in place and own an STR in NC.   

I'm Todd Hornquist from Zumbrota MN near Rochester, passionate about real estate investing for one year.  

Which option will you choose, which one will be cheaper from a long-term perspective?

Are you looking to use this strategy continuously or as a 1 off.

I am wrapping up my licensing education with the intent of being able to buy and wholesale solo part-time, while keeping my full time job.How would I go about finding a brokerage that would sponsor me as a sales agent while allowing me to have this flexibility?

Copper is expensive, you want to use pex (and make sure they don't buy the cheap stuff from the big box store).

I suggest having this conversation with an attorney.

This reduces the amount of upfront capital you need.2.