Take a look at the return on equity calculation.

Does it take months to go through the town municipality?

Security:Weigh Costs and Benefits: While maintaining an LLC and having comprehensive insurance can add costs, they provide significant protection against risks.Professional Advice: Consider consulting with a real estate attorney and a tax advisor to tailor your setup to your specific situation and goals.By structuring your rental property thoughtfully and taking these precautions, you can better protect yourself and manage your investment effectively.

You want to make sure the project is going to be profitable, especially if you are taking on short term debt. 

I'm not saying take this person on, but I wouldn't dismiss her out of hat.

This approach allowed us to take ownership and quickly resell the property, providing greater control and flexibility.

This is not an obvious thing for a beginner to figure out, but it is worth starting sooner than later as it takes time.  

The house has a great location, just 4 minutes from the upcoming new Universal park.I'm looking for advice on the steps to take to properly rent out the shed.

That's would be a great approach just one that I am not willing to take in this case because i have a  wife and 3 kids.

So, is it worth risking $300 to file for the mechanics lien and then also take time off for the hearing etc with a 50% chance of being awarded $300 for the work and $300 for the court filing fees?