For example it does not consider who pay the utilities, obviously if the LL pays all the utilities, the net is lower. 

Are you intentionally looking to outsource the management and day to day operations to a management company versus self-managing? 

Questions Regarding Property Registration Restrictions in a Joint Venture Model:Are there any restrictions when attempting to change the property registration with the county (through the title company) if the property has an active Hard Money Loan or DSCR Loan?

1) Research Zoning of similar property2) Do search with same zoning criteria with propertyradar or have title company give you a list.3) Possibly filter by satellite photos to eliminate undesirable topography.

Buyer wires funds for Step B to title company).

Reasoning for asking this is that it could potentially be a beneficial long play on acquiring a property through assumption, and as we go down in interest rates, utilize this monetary benefit to refi as it comes at a mere .5%.

Deposits from the tenant.Security deposits from the tenant in residential dwelling units shall be deposited in a trust account with a licensed and federally insured depository institution lawfully doing business in this State or the landlord may, at his option, furnish a bond from an insurance company licensed to do business in North Carolina.

And being in California, you really should be using licensed companies for everything.

We are considering becoming a private lender with them and I am doing some background research on him and his companies and wondering if anyone has done any deals with them.

A professional trustee such as Exeter Trust Company is the way to go if you want it done right, imo.