The answer will be dependent on your fact pattern, so a general forum like this may not be able to answer such a broad question.With regard to the LLC structure, note that CA does not recognize series LLCs, and CA tends to have a broad opinion of what constitutes "doing business" in the state, and therefore, what LLCs need to report with the CA Secretary of State and file appropriate tax returns. 

Would it be under the business tax id number which would be brand new (so no history yet) or would it be through me personally through my own credit report/history?

What seems to unique to the area (at least on a large scale) is electrical theft.You should also know about "Electrical Theft" in the Big D.Renters get electric shut off and pay someone to make an illegal hookup.Using fish hooks or other unsafe methods, WXYZ Reports: https://www.youtube.com/watch?

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

You will receive a report as a result of the cost segregation study that supports the breakout between asset classes and new depreciation schedule in the event that you are audited by the IRS.

Once the borrower is tied into these they are quite cumbersome to manage for the borrower and god forbid there is a default of any kind :)  or with the pre pay penalties and the reporting and the covenants to keep a certain DSR etc etc I mean look at all the syndicators who are leaking oil because they cant meet loan covenants.. 

@Carlos Lez, I would let them know that the room was not disturbed during the showing so that the issue must have occurred after the showing and that they should file a police report.

You will send them prop address and they will email you back a report, with list of similar houses sold in recent months, advise you on temperature of the market and so on.

Reading through some other forum posts, it looks like there are much simpler partnerships, entities, or offerings that would meet what I am trying to do:My Role:-Decide on properties to purchase, mostly SFHs-Establish LLCs or other business structures to hold the real estate and distribute returns-Purchase properties, using loans as needed depending on the ROI/cash flow desired from investors-Act as property manager for the properties-Depreciate properties held in business entities to minimize taxable income to investors-Distribute returns to investors-Create investments that have high cash flow (CF) and low appreciation (App) , moderate CF and App, low CF and high App-Find investors from connections, friends, and family with no public advertising-Advise in a minimal capacity on tax and real estate strategies-Send investment reports to investors-Be fiduciary to all investors-Receive compensation from PM and other management work I do related to the investmentsInvestors:-Can be non-accredited -Invest as little as $1000-Can use retirement accountsWhat references can people recommend for me to learn about business structures, partnerships, securities, taxes, or other topics to get me started on learning what will work for my goals?

The potential consequence of this misuse is a grease fire that could potentially burn my unit or the entire building down.I have reported this issue to the city multiple times, contacted my condo association, and sent emails to my alderman, but all my efforts have led to nothing.