It seems my options are to either form a South Dakota LLC and register it as a foreign company or form a California LLC and register it as foreign company in South Dakota.My questions:The LLC operating agreement can be simple, my wife and I will be the only members.

Contact tenant and verify lease and condition form. - a

When I create a pro forma P&L, should I discount the future rents if a tenant is on a m2m rental agreement?

I then put together a pro-forma about the property and sent it out to every local investor I could find and put it on the MLS as an income producing property and it is now under contract for close to my original asking price.  

If it is not profitable For BP to coordinate this event then we should form a committee called "Fall 2016 BP Meet Up" There has got to be enough skills here on BP to get it done.

Will we need to form a syndicate to start a group?

But I often form a non-exclusive relationship with my investor clients.

Maybe we need to form a club and sell them to each other??

Also, how many mobile homes will you have to bring in before you are breaking even on your pro forma? 

I thought it was a great idea to form a group to help keep yourself focused and accountable on your real Estate goals.