This seemed like an easy process at first, but now I am concerned about the best way to go about this without violating my current loan, a future equity option, and potentially putting this plan in jeopardy.I would like some advice on the best way to strategically go about this process.  

If you could pick them up at 60-65% ARV (seller carry lenders typically don't have robust notes and deeds of trust, servicing notes, and pay histories) and work with the borrow to refinance at or near a full payoff, you'd make a killing.

And is that a problem.But still, investors in California are better off looking at markets further north like Stockton and Sacramento that have a lot more robust economies.

We earn a decent income between the two us and want to be able to meet every couple of months or as needed to review and strategically talk about the best ways to keep as much of our money as possible.  

The positives are that you get two different skill sets that allow you to see opportunities and think more strategically.

@Jonathan Farber - The carriers hold all the cards on where the sites are needed and they distribute the locations to strategic partners that build the towers and lease them back. 

The llc doesn’t help anything, and could screw things up.You QI is the one you need to help guide and strategize with.

Robust areas its much much tougher.

WIthout prior experience flipping, what are the best ways to estImate and strategize how much rehab wIll cost up front (resources, professIonals, etc?)?

Realtors’ incomes took a huge hit so those owners may have strategically used rents to stave off disaster in other areas until it just lasted too long, couldn’t keep up.