Seems like an overkill and all you need is an insurance policy as any good attorneys first question will be "how much did the LLC who is to be separate from you pay for the property" - when the answer is zero and it was gifted. the next question will be do you gift properties to others as well?

However, you should always do some market research, talk to an attorney, and be knowledgeable about the law in NYC.

I would HIGHLY recommend discussing w/ a RE attorney and getting familiar with the tenant/landlord laws in SF. 

You really want to have your contract approved by an attorney even though California doesn't use attorneys for transactions.

Find an attorney who you trust and can help you strategize.

This may not be entirely a CPA question, you will need to consult with an attorney as well.

Additionally, transferring properties into a trust for estate planning purposes is possible if needed.To maximize your leverage, I recommend exploring multiple DSCR lenders for better terms and working with a real estate attorney to structure your LLCs for both protection and lender compliance.Let me know if you’d like more details or assistance with financing!

@Josh LemonsThey have a regulation A offering which is open to accredited and non accredited investorsThe great thing is they have to submit their offering circular and have it qualified by SEC as well as submit financial information etc.All this means is the information is readily available and if you do not understand it then I recommend engaging an attorney who can interpret it.

This is particularly true in California.I recommend finding a good attorney with a LOT of experience helping landlords with evictions. 

This group (I will call it tier 1) have received letters from my attorney and communications have begun.