The Home Must Be Owned for a Total of at Least Two Years During the Five-Year Period Leading Up to the SaleIn order to legally shelter the proceeds received from the sale of one’s home, a taxpayer must own the home for an aggregate of two years prior to the sale.

@Sawyer NyquistYou can try to search credit history first. it will at least show her prior activity while she came here in the past.

If you sign the docs and move out prior to one year without just cause, you would be committing mortgage fraud. 

Asbestos was banned in the late 70s but prior to then, was used quite commonly.

Any internal change in membership interest will not affect the status of property owned by the LLC or the prior 1031.  

Prior to my market study I thought Hollywood would be a great idea because I am always going out and see a lot of young professionals and those in the entertainment industry in the scene.

That means that prior ownership does not matter.

Did you know them prior or did you go to many different companies and get quotes?  

I hope you are looking at this property eventually and not making any decisions prior.

I received my real estate license prior to this purchase for the purpose of getting in homes and making offers quickly.