Quote from @Scott Allen: @Sharad Bagri Speak with the title company that helped you close the deal and ask if they can have their real estate attorney help you do this.

So now it comes down to what action the company take to protect us, the landlords.

For decades many of America's largest companies have sold items to our Gov at crazy high values.

And one other, and what brings me here, is hit and miss.I emailed this company, and the initial response only took 1 day to respond.

As a resident, you’ll still need to pay the $800 minimum annual franchise tax to the California Franchise Tax Board (FTB) for any LLC you own, even if it’s set up in another state.What I personally do is have a holding company (LLC) in California that owns my LLCs in other states where I invest.

However, if you want a well-designed, maximum over-funded policy that can be leveraged for real estate investing, there are really only just a few companies that have everything you need.Minnesota LifeAllianzNational LifeAmeritasI don't want to write a book here, so if you want to know why most other companies WONT work, just PM me.

Has anyone used the company Roofstock to acquire properties? 

In my case, I have residential rentals in one LLC, commercial properties in another, self storage in a third, and my real estate company operates in a fourth.

The closing attorney or Title company may be the determiner for an answer and usually at this point in the process as an agent I'd defer to them.As an investor, I think I'd want all this squared away before closing so maybe check with the attorney/closing company.

If you aren't doing it, you should use the average amount with the oil company based on other year's usage and they will average it so it's not $500 in one pop (depending how big these tanks are).