She has lived in area for years. 

Without know more specifics, I'd suggest selling what you have now and investing in properties closer to where you live (and pursue 1031 exchanges).

If one of the LLC members lived in another state and that person acted as managing member then you can avoid the FTB fee, but looks like you both reside in CA. 

Perhaps I have an odd case but I paid $1.35M or $455 / sq ft for a 3,000 sq ft duplex on a 7,000 sq ft lot in Los Feliz.Once I add the ADU complex, which will be around $350K, it will be a quadplex, 4,600 sq ft of living space. 

I also require proof of savings of at least 2 months living expenses. 

I just did a commercial TI on Wolfe rd a month agoI've got a house by Tahoe....pioneer trail when one could we rode our bikes to Stevens Creek to swim :)  we lived behing all american market Blaney and Bolinger ..

In fact, come to the USA and live off of those of us who pay taxes.  

Quote from @Nilusha Jayasinghe: Hey all, I'm a smalltime investor currently living in a flat of a Chicago 2-flat while renting the other out, and also have a SFH rental in OH. 

This residence features 3 bedrooms and 3.5 bathrooms, encompassing approximately 1,700 square feet of living space.

I think it's just for text, not to talk with a live person.