My recommendation here: Walk on this one and cut your teeth on a smaller deal you can afford solo(to build experience+credibility), or work on finding an experienced partner who can lend support to the deal.

If they are missing teeth, and the have ripped clothes, your apartment will end up the same.

Now, if the seller has funds and is willing to pay down the loan and do a Sub-2 you may have the same results, I'd think in either of those cases that would be as rare as hen's teeth.

It's paint, not baked on enamel.

Your interests are bundled as a Lender (Mortgagee) and give you some 'teeth' to fight back with.  

That said, we’ve gritted our teeth and successfully run FB ads in many markets, but you’re right - audiences are the most frustrating and arguably most important part of the equation.

While you technically would still be required to register that and pay the $800, in our experience the FTB lacks teeth to enforce that requirement against you in that situation(since they can't dissolve an out-of-state LLC or seize assets(the capital you'd pay the labor with) that's out of state(remember the FTB's jurisdiction stops at CA borders).3)No, a Delaware LLC doesn't need to act as Trustee, you could do that, but you could also name yourself trustee and receive money directly.

If this has been discussed before, I'd appreciate a link to the threads I can sink my teeth into.Thank you, Mark

And in excess of 250 million in all other avenues over a 40 plus year career.. but like most lenders we got kicked in the Teeth in 08 and 09 I had just under 500 of these on the books and ended up owning a little over 200 of them and losing many millions of dollars in the process... so the thought that rentals will save the day in a down turn is just not true.. they can in the right spots... but it takes a lot of work to stay on top of them. and thankfully we were not in Vegas or FLA or AZ other wise I probably would be dead right now. 

In this case, it is a physical object that could poke your eye out or knock out teeth - it is no Internet lingo.