Is there issues if the seller for some reason has financial hardships or something that could adversely affect us?

Otherwise, you will be dealing with lower rents and adverse selection of residents permanently.  

Will my property be subjected to adverse possession in California if I transfer it to an LLC or a trust?

I heard about all of the amazing things that people are doing and how some people came from adversity just like I did .

If you are risk adverse real estate, (especially out of state) is not for you.

“All the adversity I've had in my life, all my troubles and obstacles, have strengthened me.

The operator of the self storage has like 40 yrs experience but in the prospectus there was an adverse event that prompted several properties to go under during the last financial crisis.  

I am pretty risk adverse (especially on here).

CA though being a deed state there is little to no risk for them to write this stuff in CA.. not sure why title companies are so risk adverse on this stuff..

Those who are willing to hustle and push hard through adversity can do very well in the triple net space!