This strategy requires careful planning, from evaluating potential properties to ensuring that your rehab costs don’t spiral out of control.

The part they typically miss, however, is the "control everything, own nothing" aspect.The purpose of a business entity structure is to protect you and your personal property (estate) from the liabilities of your real estate investing business.

However, higher-than-expected costs, contractor expenses, pest control, inflation, or unexpected work can make it untenable to maintain the rental property.What can you do if maintenance is becoming a financial burden?

I join Bigger pocket a few months back when my wife and I decided to no longer allow the Salary bribe control our lives.  

Its not common knowledge but Inglewood has its own rent control ordinance with a lower barrier that substantial remodel.

You'd need a JV partner and they would probably want to take control of that project. 

As a GC I can advise try to retain control of your finishing material orders (anything where you need to make a choice ((tile, flooring, lites, faucets, tubs)) vs. construction materials (2x4s, mortar, shingles)) because we get those discounts on the finishing items and we keep them!

My question is, whats the HVAC system to use that provides separate utilities, and separate control per unit. 

The lone exception is rent control type regulations and/or affordable housing requirements.

If you’re taking over their payments but not transferring ownership yet, they may still have control of the policy.