Based on my reading of California law, and I am not a California licensed attorney so one should be consulted, such provisions are both possibly enforceable and possibly unenforceable, depending on the facts of a particular case.

I would find a Business attorney that sets up C corp and see if he is willing to discuss some pros and cons, It may cost you a consult fee (1-200) but at least you will be more educated in What may be a better way then paying 35 percent personal tax.

On the credit side, go to www.mycreditteam.com enter the promo code of biggerpockets on the home page to get the discount of a free credit consultation.

I'm a Development Consultant, including roles of Agent, financial analyst and due-diligence specialist.   

Maybe find someone who is a consultant of some kind to real estate investors and have them present you with possible scenarios so that you understand better how your money can best be put to work for you.

Hi James I'm a Realtor in Cincy with Reinvest Consultants LLC.

Dena - I sell a course, and I consult on occasion, and even in those instances when people pay me money to get answers I do not hold hands.

You will need to consult with a real estate attorney if you want an assignable contract.

I think all legal matters should be brought and consulted with an attorney, stop trying to be attorneys when you are not and honestly you really need their help for things like this

I'm pretty sure he doesn't charge for consultation.