Saying no is like building a muscle.

@Scott Bell, welcome to BiggerPockets and congratulations for not only taking action steps but also declaring your intentions publicly!

What do I need to know in terms of the lease agreement and taxes that I need to declare?

I became visually impaired and unable to care for myself due to a stroke and I had to learn how to use all my muscles again.

Many would just bail or declare bankruptcy or try to disappear.   

You should be a C Corp since your Reg A+ can be up to $75 million if your Corp is not previously operational you should do a Reg CF up to $5 million to get started you should have a minimum of 100 investors and audited financials to be declared a REIT after 1st year of income.

I think it interesting the lenders (mostly F/F) mandate insurance, but not earthquake insurance even when you are close to significant earthquake faults.It is my personal view that if a big enough earthquake hits that it causes significant damage to many homes that it would be declared a disaster and cheap loans and options are likely to be available.It really is a calculated gamble.I have a fairly large umbrella policy.  

In my mind I was hoping there was a simple form or process just to declare change of formation state for LLC but maybe I am over thinking things..

(S Corp is what we declare for the properties we intent fix and flip).

Many places have limits on how much (percent wise) dues (where insurance is generally one of the largest expenses) can increase and I'd expect just about every coastal property to be above 10%, most well above unless capped by covenants, rules, or recorded declarations.