Operating agreements should be drafted by an attorney with a CPA or attorney with a tax LLM weighing in on tax related matters. 

I gave them a review on yelp and one of the agents responded to the post.

Mostly because you can find all that information on forums like this one and others like (Redd*t).

The homes had no working smoke detectors (Huge liability in CAlifornia), he was under valuing the rent by over $300 on 2 of the properties, and the lease was a 1/2 page long with no rules for the tenant to follow.  

Hi All,
Getting started in LA and looking for folks with experience flipping in the LA market. Would love to connect and pick your brain. I have 8 years experience in commercial construction, civil engineering, and p...

Purchase price: $4,000 Cash invested: $15,000 Bought land with 5 mobile homes on it cleaned it up now it's my construction yard.I would like to buy the land behind me and convert it!

I'm on a LOT of people's email lists, and I see multiple investment offerings every day of the week.

For instance here is a snippet I saw on crexi:Non-ContingentEarnest Money Deposit: Greater of $20,000 or 10% of the Purchase PriceMarketing Fee: 5% of the Winning Bid Amount, $20,000 minimum$10,000 Participation Deposit

I would definitely keep up on 311.

They are like $12.4) Multiple accounts:  Often with these 401K plans you will be opening multiple checking accounts (one for Roth Funds, maybe one for traditional, if your spouse is on the plan then one for them).