And a little tip...if you can move all or even some of the properties you own into a trust, LLC, or whatever entity is right for you, the DTI clears up and you look favorable to lenders.

My husband and I purchased investment property in both our names, then plan on moving it to the proper entity.

For example simply filing a quit claim deed to transfer the properties to one entity (existing or new) would be easiest however that may not be an option if you have loans in place... 

For those of you who are familiar with how to open an entity in your state, how to stay self motivated, how to make effective phone calls, and just operate in a professional manner, the first half of the training may seem slow/repetitive. 

"And/or assigns" language is included after mentioning the buyer's name or entity throughout the agreement.

@Sasha Mohammed also made a great point as you can have investors and/or partners be in the entity with you and be the main guarantor on the loan.

If you have a lot of assets, W-2 and are flipping in a different state you definitely need to speak to a qualified estate planning attorney, cpa and an attorney that deals with entities and which entity to form.

California does not recognize series LLCs.You also want to look at whether a pass-through entity helps your bottom line and your taxes.

@Chris Papa, if you're going to be investing with a partner, it's definitely money well spent to hire a good attorney to form your entity and draft your operating agreement or otherwise memorialize the economic arrangement between you and your partner.  

Would it be wise to set up a new business with he and I as registered agents and lock up deals under this entity?