His sister is the executor of his will and is staying at his home to fulfill all of the end of life obligations that he has.

If it does, then I'll oblige.

I don't have rent payments currently as I am living at home with my parents/corporate housing while at work.I would prefer to use the property solely for investment purposes and Not occupy it.

If you'd like a no-obligation quote, send me a direct message. 

This means that you will probably need to pay registration and filing fees in at least 2 states if you don’t buy CA property as a CA resident.Any lawsuits should be limited to the assets of the LLC and not your personal assets (assuming you run the LLC appropriately and the corporate veil is not pierced, some debate as to SMLLC).

I myself have personally ran a brokerage before, one with a big corporate name, my insight isn't 2nd hand or guess work, it's 1st hand hands-on insight.

It does not.Here is the complete, relevant statute (as amended):"Real estate broker" means any individual or business entity, including a partnership, association, corporation, or limited liability company, who, for compensation or valuable consideration, (i) sells or offers for sale, buys or offers to buy, or negotiates the purchase or sale or exchange of real estate, including units or interest in condominiums, cooperative interest as defined in § 55.1-2100, or time-shares in a time-share program even though they may be deemed to be securities or (ii) leases or offers to lease, or rents or offers for rent, any real estate or the improvements thereon for others, or (iii) sells or offers to sell, buys or offers to buy, or negotiates or otherwise deals in real estate contracts, including assignable contracts, on two or more occasions in any 12-month period.The newest language (in italics) refers to individuals or entities who DEAL IN REAL ESTATE CONTRACTS. 

Yes there are plenty of MTRs on apps, also corporate housing a la Avalon (used to be Oakwoods - that's where they parked us film students from out of state back in the 2000s - the place was flooded with kids in Jan), and pilot season is mostly dead, but I feel that this market would always have a few folks coming in. 

If an entity holds title and you and the other partner own % interests in the entity than you can specify special allocations that are different from ownership % in the partnership agreement/or operating agreement (assuming the entity is taxed as a partnership, and not electing to be taxed as a corporation/s-corp).

I'm currently exploring options for speeding up the process of securing business funding and building corporate credit.