My strategy is to buy and hold, but I am also looking to start incorporating some flips as well to generate capital.

In the situation where he passes over make sure you incorporate where the money goes after his death. 

(although you can lower the tax bill with smart dividend usage).Insurance can replace the protection of a corporation to a limited extent, but you should sit down with a California attorney to discuss those issues (you can incorporate yourself)Starting an LLC isn't that difficult but it all depends on your risk tolerance.

My thinking is that usually with a mortgage you see the interest paid as a single entry and that entry on the statement is the only asset covered on the note and easily transferred to a tax return but if Kyle uses his HELOC like most and on same credit line, he pays for CAPEX or repairs before he has a separate account built for those items from proceeds, what added measures might he have to incorporate into his plans to avoid red flag audit by ensuring his records reflect the proper amounts? 

Some of the narrators are boring while others can be entertaining.  

They have bi-monthly property tours where investors open the door for you to invest in their current projects without assuming the full risk of doing a fix and flip yourself.Since being a member of this new program, they helped me to become incorporated in less than a year with their in-house CPA, I learned how to raise my credit score (and actually got it up to a 784!)

Property tax bills for the last 2 years IRS Tax returns and addendums for the last 2 years (as relatedto the property only) Articles of Incorporation Good Standing Letter from the Department of Revenue Any licenses in the name of Sathyam Enterprises Rent roll for the property for the last 2 years Security deposit register Payroll records Each different lease type Written property policies such as pets and parking Information on all rent concessions List of any uncompleted maintenance requests Maintenance and capital improvement history for past 3 years Litigation history on the property for the past 5 years Any operation manuals for the property Title policy Site plan Architectural plans Environmental Reports Any mold inspection reports Any lead-based paint inspection reports Any fire system reports or citations

My flipping business primarily does assignments and wraps, but am incorporating lease options and seller financing in our deal structure options. 

FYI I don't know too much about how different credit scores will affect my mortgage payments, so I'd also appreciate some guidance which incorporates high vs. low credit credit scores.)

Most churches are owned by a non-profit 501(c)3 corporation so title would in that case require Articles of incorporation and corporate resolution signed by all officers E powered to sell.If owned personally, it may be probate time.Sounds like you are only beginning your research and due diligence.