Also, with conversions, even if the municpality does not require MEP drawings, I highly recomend spending the money to have an engineer prepare them.

Even if you create a non-CA LLC, if you are managing the business from California, you will likely be deemed to be "doing business" in California and therefore likely subject to CA taxes.

Even if your state's laws in any way make you responsible, the tenant could not at this point even show they paid a deposit and you can show you never received it.

These are more complex legal structures that can provide even more protection than a traditional LLC alone.

As for Coldwell, I’ve heard mixed reviews about it so far, some being that they have a lot of fees and even their training is outrageous.

I hope you can see how we finally have more active listings even though if you are a buyer it doesn't seem like it for April. 

I agree that you both should benefit by not having agents involved and I would even go so far as to go even lower since you are taking on more risk by not going through a traditional sale.

Even Warren Buffet and Elon Musk consult professionals.

Fast-forward one month to today, I still have heard no word from Philadelphia L&I (even after calling/e-mailing) and I'm ready to start renting it out, but one problem:"The Philadelphia Property Maintenance Code (Section PM-102.6.4) requires an owner offering residential property for rent to provide the following to the tenant at the inception of each tenancy:A Certificate of Rental Suitability issued by the Department of Licenses and Inspections no more than sixty (60) days prior to the inception of the tenancy.A copy of the “City of Philadelphia Partners for Good Housing” brochure issued by the Department of Licenses and Inspections....."

We do get an annual to-do list of some nitpicky things from them, but the payment is always on time, even through COVID.