We're not a huge business so I'd like someone who is reasonably priced.

This would allow your NV LLC to legally conduct business in the state FL.

I suppose legally you could, if you fully disclosed the non arms length nature but, no lender in business, or wanting to stay in business would do it.At the end of the day, what you want, while it may make sense to you and your parents, just isn't a scenario that happens.  

(Also assuming we wouldn't do an LLC to purchase since it wouldn't fully be a business.

Sacramento metro offers a really nice balance between cashflow opportunity and consistent appreciation (due to the fact that it is a State Capitol, two major universities, and one of the fastest growing cities in the country every year for a decade+)I personally only invest my capital here in Sacramento, although I do business in a number of cities.

It was about straight up business and investing.

In San Diego I believe rents can only be raised by 10% per year (or 5% + local rate of inflation, whichever is lower)The idea of evicting a long-time tenant is awful, but I realize being a landlord involves difficult decisions and the real estate business is a business.Thank you for your thoughts!

@Danny Keating 1) Only if your friend brings value to the business relationship.

The business is about leveraging so I recommend With a $100K in cash and $100K Heloc get approved for a loan that includes renovation $. 

I am new to wholesaling and plan to make this a bigger part of my business.