I've been wanting to get an LLC for my Real Estate/STR operations so instead of creating a new one, I figured I'd just utilize the existing Turo LLC.

@Nate MarroquinI had to laugh at "4 tenants coordinate themselves to cover the utilities"! 

Take all the costs including utilities and see if you can cover things with a rental inclusive of utilities and still make a profit.

There are two main ways to utilize this exemption.

If/when you do one, just use Legal Zoom, attornies are expensive and unnecessary for this easy entity.It's tough starting out in Cali for a new investor, buying a turn-key STR is going to be so expensive that you will have trouble with any positive cash-flow.

Ideally a SFH to start out with. 

You can also set up GL utility codes in Quickbooks and other accounting software.

Airbnb and Furnished Finder will get you in the game to start you off.

There are a billion more, but that's a start. 

Once I renovated that unit, I started renting it again and have gotten all 5-star reviews since then.