Or do I put enough equity into the house, so I’m not getting a negative return?

I built my ADU in 2020 before SB9 passed, which put my original house under rent control because it was built pre-1978(2 units on the same lot triggers rent control if one was built pre-1978).

Obviously 25% down on a $104,500 property is $26,125 and then the $22,500 anticipated cost to renovate puts you at almost $50k. 

Also, you had better maintain the LLC properly or it provides no real asset protection.If properly managed, an LLC can provide more asset protection, but your first line of defense will be managing your property well and the second line of defense is good insurance.If I were Jeff Bezos, I would not put a property in my name because it would be a lawsuit target. 

Hi,I have 3 homes and need to find a template/form where I can put in all the original purchase information - or the most current refinancing information and all the current rental income and expenses.

Laser tape measure, or a real one to measure rooms.Bolt cutters or a small tool kit that goes in the car.Powerful flashlight for looking in dark homes.A few spin key boxes to put on vacant homes.Books on real estate, like The Millionaire Real Estate Agent book, The One Thing, or The Millionaire Real Estate Investor.Some kind of BP subscription or books.

It's a gateway into the investment you actually want to make.I'd recommend you put yourself in a position to take advantage of a REIT exit as an OPTION, not an OBLIGATION.

You could also put in a stackable washer/dryer within the current room to free up some of the space.

I can put down up to 100k, maybe even more and I can qualify for traditional financing.

Best to put the money into a trust account (or escrow account) for that purpose.