Economically, some strong drivers are the university and the Air Force base.

Nobody is going to invest with someone they met who was their uber driver.   

If in the event you do have a very high external risk profile that might attract a real lawsuit (a drug addled teenager driver) then acquire the level of umbrella insurance commensurate with your real risk (not phantom risk from some imagery "predator" instilled in your mind from a group scare monger selling you an LLC template).I would go even one step further and say an LLC in practical effect may actually INCREASE your risk profile as it could easily lull you into a state of complacency running your operation both in a careless and reckless manner.

@Walt B Philip I do not see inflation as a driver, particularly if employment trends hold.

Heck, my daily driver is a 1990 Chevy truck that I bought in 1994 and I'm teased mercilessly about it. 

If you or the other driver moved your car four feet in one direction, you would collide. 

Property Value: $600KInitial Down Payment: $150KLoan Amount: $450K Year 1 Appreciation (5%): $30K Year 1 Cash Flow (5%): $7,500 Year 1 return (cash flow & appreciation): 25% (20% from leveraged appreciation & 5% from cash flow).As you can see, leveraged appreciation is a key driver to build wealth in CA because of the high and steady rate of appreciation.    

@Dawn AnastasiYes I have the person's contact info, copy of his driver's license and his LLC article of incorporation docs, and signed contracts.  

I'd be interested in seeing how this deal turned out in 24 months.Getting legal advice from BP, is like getting stock market tips from your cab driver..both usually won’t end well. 

AFTER I bought it a driver ran his car into the house, literally, the car was inside the first floor of the house.