Investment Info:Single-family residence buy & hold investment.

Which the market does support. 

Insufficient documentation: A cost segregation study report is typically very comprehensive and often over 100 pages long including supporting evidence and detailed calculations.

As a lender, we require flood insurance if the property is in a flood zone, which can eat into your cash flow if you want to hold the deal. 

They should give you a line-by-line priced bid with supporting pics/video.

It's all about what the numbers will support.

The seller will obviously hold the debt/note for the existing mortgage while the title gets transferred to me.

Looks like one is better for a flip and the other has an incredible upside with equity so we plan on holding that one. 

@J Shoe I will start by saying consult with a personal attorney and CPA (and have them work together.)Typically people buy in an LLC just to keep their name off the record and for asset protection and operation agreements.As a sole investor a lot of people will buy in their personal name so they can more easily obtain quality financing, and then move the asset into the LLC.A lot of people of California use trusts (DSTs) to hold the asset, so they are not contributing to the problem of over taxation in CA, as CA has a franchise filing fee of $800 every year for each LLC.Just some things to think about, but find the professionals that can tailor a system for you personally.Cheers

His/her companies hold all the debt.