If you dont know california charges $800 per LLC per year.So it was either put them in the trust or LLC them each into their own LLC and having the trust be the owner, ie hold the beneficial interest.As well since ill be getting married im somewhat concerned she could possibly cause a liability.

Never put all your eggs in one basketread the PPM and documents and have an attorney review understand what your investing in, fees and hold Timeunderatand their track record a lot more to consider those are just a few 

Obviously, it's not beneficial to every property/owner, but we do see many investors benefit from it.

We now are looking to create an LLC and setup the necessary legal documents to protect both parties and layout the terms of the agreement.

Making connections with nearby real estate experts might yield insightful information and beneficial chances.

@Cathy Ries Yes, tax planning before acquiring rental properties is highly beneficial, especially given your situation.

I am open for either options but would like experts advice for a newbie - which will be most beneficial  down the line in 5 to 10 years. 

What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?

You aren't providing falsified documents to obtain a mortgage.

You should consult an attorney or CPA for your specific situation.ANONYMITY: When you create the LLC, your name is recorded on the documents and published on the Secretary of State's website for all to see.