Registration of Foreign Associations – General Rule and ExclusionsGeneral Rule – A foreign filing association or foreign limited liability partnership may not do business in this Commonwealth until it registers with the Department of State.Exclusions – Activities of a foreign filing association or foreign limited liability partnership that do not constitute doing business in this Commonwealth include the following: (1) Maintaining, defending, mediating, arbitrating or settling an action or proceeding. (2) Carrying on any activity concerning its internal affairs, including holding meetings of its interest holders or governors. (3) Maintaining accounts in financial institutions. (4) Maintaining offices or agencies for the transfer, exchange and registration of securities of the association or maintaining trustees or depositories with respect to the securities. (5) Selling through independent contractors. (6) Soliciting or obtaining orders by any means if the orders require acceptance outside of this Commonwealth before the orders become contracts. (7) Creating or acquiring indebtedness, mortgages or security interests in property. (8) Securing or collecting debts or enforcing mortgages or security interests in property securing the debts and holding, protecting or maintaining property so acquired. (9) Conducting an isolated transaction that is not in the course of similar transactions. (10) Owning, without more, property. (11) Doing business in interstate or foreign commerce.Being an interest holder or governor of a foreign association that does business in this Commonwealth does not by itself constitute doing business in this Commonwealth.In general terms, any conduct more regular, systematic, or extensive than that described above constitutes doing business and requires the foreign association to register to do business.

The city does not like to make isolated pockets of residential areas.

This was an isolated situation in a gated upscale area of the OC.I got a better scoop today from the agent who is representing the investor.

I am trying to isolate a market to learn, and ultimately in which to specialize. 

I solely invest in multi-family syndications for cash flow, equity potential and REAL passive income since each deal is 100% passive.

@Janette Perez As far as I see it, there are two advantages to setting up your property in an LLC:Liability Protection (and this is the main one) - if you have a lot of other assets, putting your property in an LLC isolates those assets in the case of a law suit or some other liability issue.

In hindsight, I did myself a disservice as I really isolated myself from everyone in order to advance my career. 

Have you isolated a Turnkey firm that you are looking to work with?

The home was ~30 miles from a hospital, isolated on 3 acres.

If I have trouble with a tenant, it isolated to that tenant.