This is why you should hire a good tax professional in your area that invest in real estate themselves, some one with some letters behind there name not those franchise types.  

Bottom line get a good licensed tax professional in your area, not a franchise type, some one with some letters behind their name and preferably own investment real estate themselves.

No franchise (McDonalds).One tenant is pulling 2 mil in revenue and paying only 7,000 per month in rent.

We bought/moved into our house, my advisory business has picked up a lot of new clients, we are slated to open a franchise in Short Pump early 2016, and we launched our RE biz this month, actually! 

After the agent has met the benchmark for the year, that agent keeps 100% of their commission check, after franchise fees. 

Will this be a franchise concept or are you doing this as an independent concept?

From my understanding, a CA LLC can be an expensive structure to hold one property, considering (a) set up cost (which I understand is a one time cost), (b) annual CA franchise tax fee, and (c) higher cost of financing.

How have you Incorporated e-myth's franchise prototype into your real estate empire?

You also face another issue with LLCs since you are in California - still blows me away that they are requiring the annual $800 franchise tax on those structures.

--do the numbers and concentrate in certain price range homes --where you have enough profit margin and many hoems -- called farming -- then spend more money more effectively in that area -- Do not cut bandit signs in half- have a Website --with auto responder and landing page -- use google voice with answering --script --screen callers --get only motivated sellers -- direct mailing letters and post cards --hire students at $5 per hour to make phone calls - FSBOs -- and research Criags list -- place ad on Craig list, local Sundays paper - community papers and Penny Savers papers --You are buying a Business and Freedom with lot of income -- you pay like Franchise Fee for Subway or Mail Box etc --so $ 5000 or $ 10,000 is not too much --if you have time and willing to work full time 60 hours a week until you Flip two deals --then let other employee do all work -- I assume --you said you are only Marketing for Motivated Sellers --meaning you have lots of Cash to buy your self and do rehab or Flip ?