I am totally on board with Tom that the tax code if applied wisely can save us a lot of taxes.  

@Logan Kannes, if that LLC is also taxed as a sole proprietor then it is what is called a "disregarded entity". 

If the trust is what is called a "disregarded entity" (meaning it does not have it's own TIN and does not file a tax return) then the activity of that property is reported on your personal tax return. 

I'm a little concerned with the current high interest rates and property taxes (Texas).  

No tax returns needed to qualify

Same goes for number of LLCs and what to fund them with, since bear in mind that CA tends to be more cumbersome and expensive to have LLCs than other states.California is generally more cumbersome than other states when it comes to taxes and filings.

I then also viewed the property 3 more times, the final time was 30 minutes prior to settlement and the Shed and it's contents were still at the property.A day after closing, a neighbor came to my door while working on the house and claims that the previous owner (prior the the house flipper I purchased the property from) had promised them the mower, bicycles and lawn chairs that are inside of my shed. 

@Vanessa SwitzlerOut west Reno, NV is landlord friendly, tech and manufacturing job growth, 4th lowest property taxes, good weather, and geographically limited new construction.

My first step would be to go by the tax assessment.

We will be selling our apartment here and after taxes will have about 2 million in USD.