Brief update on this; despite repeated attempts to contact and engage said President, we have been totally blanked. 

If you invest locally you feel like there is more control and that proximity is comforting whereas if you engage in long distance investing it feels out of touch. 

@Kati BuccieroIf you need an operating agreement for your husband-wife LLC, it's best to engage an attorney to draft it.LLCs are state entities and are thus based on state law, which a local attorney will take into consideration.Boilerplate templates available online are worth exactly what you paid for them.

What that is, of course, is very subjective but it just provides in an interesting way of approaching those events and being more committed to engaging within them. 

Never had to engage a mortgage broker for residential.

According to my info, you must engage in business in the state of CA to be liable for the franchise tax of an entity out of state.

However, I wanted to engage with the Memphis BP community to get more info on event info I might not have had access to on the internet. 

Good luck and I cant wait to engage with you all about your real estate journey!

Looking forward to connecting and working along side a few of you hopefully soon.

People do not want their time wasted, so engaging with them is always the first step.