That is where terms of Internal Rate of Return and cash-on-cash return, and timing of distributions are spelled out.I’m happy to help with this process.  

Raleigh is big enough to have everything you need + an international airport and a quick flight to visit family in Chicago, but small enough that is slower than most cities its size or larger.You'll have crime in every city; you just have to live in the part of the city with less crime.

But locally our attractions include a venue that brings live nationally and internationally renowned music all summer and fall, excellent restaurants, skiing, hiking, golf, 2.5 hours to major US and international metropolitan areas, 1.5 hours to major airports.

I work internationally and own rentals in Washington St. and W.

Often for internal (like you to your LLC or within close family members), a quitclaim is used. 

Some internal underwriting guidelines will not let them do it. 

The alternative being an internal acquisitions manager, answering service, or direct to a voicemail box. 

Each lender will have different internal rules about who will be on the personal guaranty based on the %age ownership within each JV member.Much success.Bob

Analogy: To keep an internal combustion engine running, the engine has to keep exploding little bits of gasoline. 

As I read it comes down to the doing business in California, but since I'm continually serving internationally I am not actually doing business while residing in the state.