I am looking at several buildable level lots for sale in the Los Angeles area, they have real streets not paper streets, they have houses most of the times on both sides... is it still a wise idea to build on a lot in L.A from scratch? 

They were allowed to have a trusted person view the place for them if they gave authorization in writing.

The law is complex and depending on your income level may provide you with absolutely no benefit.

If I were your private lender, I would need a promissory note and a Deed of Trust recorded with the county assessor. 

you should do less buy/hold at 150K level.   

I would get the right people to green light the safety of removing it, and not just trust my own judgment. 

My main reason for considering commercial is because 1) the duplex and triplex and even 4plex market in my area is very competitive and it drives purchasing prices too high. 2) I guess I’m kind of a pretty ambitious guy and my wife has followed my lead and trusted my guidance and I want to help our growing family (2 kids and 1 on the way) meet our financial goals as fast as I can!

Those folks run a sophisticated operation, and if we don't keep up with their level of sophistication (and exceed their customer service) we would lose business to other investment classes that treat their investors better.Perhaps it could be said that the competitor to TK firms is buying homes directly, and that competition lacks sophistication--thus the hurdle is just above that level and anything above that is good enough. 

I looked it up and there are other addresses on the county website and it’s also a “Family Trust”.

For example:  In a case where a client had a bunch of rentals in an IRA-owned trust, the IRS contacted the trustee, property manager, and some of the contractors and inquired as to both what they did with the properties, as well as what the IRA owner did.