Situation:1- W2 employee making $230000-$300000 a year. 2- owned 2 properties under personal name, 1 in LLCWhat are the best way to get tax benefits ?

My current rentals are all in my personal name with conventional loans.

Any construction will come with LOTS of permits.I don't know SLT market, it's CA and im in NV, but I've helped more than one person sell in Incline and buy in Reno because the numbers work better for them.I suggest you look into property taxes, and tenant protections of NV vs CA. 

It's about being a person great mentors want to help!

Looking to sell everything to 1 person instead of 130+ items to 130+ people.

Furthermore, I have actively been researching and there is an ongoing housing shortage in the New Haven area, a consistent population growth, great property price to rent ratio, some new construction projects in the nearby area of the property and that it takes a certain type of person with great patience and “people” skills to succeed in these type of neighborhoods.

Often the money is the investor relations person who communicates with investors  On the Spark team I’m the deal finder and communicator.

What  are the implications to me legally if I rent out to a person that has filed bankruptcy? 

I wouldn't fix a faucet there without a gun on my person.

I personally invest here for both the cash flow and appreciation.