Even though I make okay money, have near perfect credit, my business is half a year old and I don't qualify for a loan.

And can my existing LLC be the half owner of that new LLP or LLC?

We had to make repairs due to significant dry rot damage around the windows, replaced half the siding (we were able to match existing), and then we also upgraded the electrical and plumbing.

It has a half-assed carport conversion adding an unofficial 3rd bedroom.

Looking at it simplistically, you would cut that income in half.

It has a half-assed carport conversion adding an unofficial 3rd bedroom.

You need to be patient in real estate, and especially dealing with the city.One of my properties is vacant for almost half a year now due to permit approval delays from the city.

But our house is 2700 sqft and 360 miles from us so that doesn't happen too often.IMHO, a suite in your home requires a bit more customer service.

Or any of those larger cities.Get outside the city limits along major roads.Find county or small town municipalities within 1 to 10 miles of the San Diego City limits.Learn their zoning and zoning map.Look for the biggest/nastiest piece of ground that you can bulldoze and flatten.  2 acres or greater.Do two business models. 

The lady who stayed, love the house and want to start a new lease and have new housemates as she can’t pay the whole rent (she paid half the rent end of June).