Insight on Your Proposed PlanTitle Search and MemorandumTitle Search: Conducting a title search is a good idea regardless of the structure to ensure there are no outstanding liens, claims, or legal issues that could complicate your plans.Memorandum: Filing a memorandum or recording the contract with the county provides some protection by clouding the title and ensuring your equitable interest is recognized.

CA doesn't recognize series LLCs, so yes, you would need to be careful with costs for any structure that you put in place. 

What many fail to recognize is the media and their source of information continues to feed this fallacy (mostly because they charge you to be a part of the community) and it will not end well for many.

After paying the tax, you can transfer the proceeds to your partner.However, Technically you should have filed partnership tax return where he would have recognized his portion of yearly activities and sale at the end.This post does not create a CPA-Client relationship.

I live in the SF Bay Area and have decided to buy my first single-family home.I fully acknowledge and recognize that the SF Bay Area and California (in general) may have some of the worst cash flow numbers in the entire country.I've already traveled to cheaper Midwestern states to look at real estate opportunities, but have decided to invest here in the SF Bay Area as I'm purchasing with the intention of living in it first and foremost, and then renting it out sometime in the near future when I move overseas.I'm looking for anywhere in the Greater Bay Area/Northern California region (even Sacramento & Central Valley is okay) with better than average purchase price to rent ratio, and some appreciation (if possible). 

Most people wouldn't even recognize that this shower is ADA accessible it would just seem to be modern and no curb. 

These service providers recognize new investors like yourself are unable to articulate the risks they are  protecting against or how this is accomplished which leads to the upsell of complexed entity structures.

Recognizing the value before the price reflects the value is the challenge.I agree with the OP that RE investing is more challenging now than it has been in years.  

Partner Driven recognized an opportunity to bring the property to market standards and turn a solid profit, with the local market indicating a strong demand for renovated homes.

Partner Driven recognized an opportunity to bring the property to market standards and turn a solid profit, with the local market indicating a strong demand for renovated homes.