Let me start by saying I'm not interested in discussing the merits of owning properties in an LLC vs your own name so let's not hijack the thread for that purpose :) What I'm trying to determine is whether or not there can be potential issues with homeowners insurance claims if they arise.

for certain data like price per square foot I've found you can tell them to reference websites holding the data.So far ChatGPT seems pretty good for this purpose but I'm curious to see how Elon's superAI pans out.

Money can help free you some to work on your life's purpose and amplify what you believe in and help make you more fulfilled on a daily basis but doesn't solve everything.

I also agree with @John Underwood that purchasing this with the intention/purpose of having a write off isn't a sound reason to purchase.Happy to have a call to dive a little deeper.

Have you thought about using TikTok for this purpose?

If the purpose for the entity is liability protection, you should be having a conversation with an attorney.If the purpose for the entity the accountant should be able to provide any feedback if there is any tax saving opportuities with the LLC formation.Best of luck to you

A lawyer advised me to dissolve the business because we can't fulfill the purpose of the business then sell the lots. which I'm fine with but I really want to keep the lots and build on it.

Rentometer has avg rents at only $1067/mo so I'm also not sure about paying that much for such little rent for a long-term hold perspective when from what little research I've done you can get more elsewhere for the same buy price - maybe someone looking to park money for tax purposes or an all-cash deal hoping for a big upside? 

@Michael IzbotskyAn estate plan serves several purposes, but, in CA, yes, particularly to avoid probate.

The purpose of my post was to make others aware of the difficulties associated with selling entry level SFH's which tend to be in neighborhoods with limited owner occupant participation and when the owner occupant participation exists the buyer pool are the least qualified of the FHA buyer pool.