Days wind down and now they have a (knee jerk) reaction and buy something non-optimal for a property just to avoid tax penalties.Had they been realistic starting out they would have had time to locate quality properties to buy instead of looking for a Unicorn.

You would have to line up carriers that accept LLCs on non-owner-occupied dwelling coverage.

Texas is a non-disclosure state.

I bet the government thought people would plug in while visiting the DMV and then leave, that never happens.

Perhaps they offer a favorable refinance option if the property has appreciated to the point where the current loan amount satisfies their non physician loan LTV underwriting.

Most LLCs are set up for liability protection or similar non-tax reasons, and especially in CA, the penalties for "non authorized" practice of law are steep that a lot of CPAs will not even form the LLC for their clients. 

@Dennis BoettjerI know a guy who does this with note investing and has a min $5000 investment and is open to non accredited investors.

These will certainly specify the jurisdiction and venue for any disputes, as well as the governing law.

I imagine they get their clients by referral, I mean I would'nt want the public applying through some website that's for sure.

Not to get too into the weeds, when you are face to face with someone, you can watch for mannerisms and non-verbal body language.