the water cert applies to any transfer of any real estate.We have a series LLC that we started 5 years ago and it is much more affordable than seperate LLCs but this week in conversation I heard there is a active court case that people are watching closely that is testing the true intent of the Series LLCs corporate vail.

Attorney's can apply for license without testing since the bar membership puts them in those ranks.  

Luckily I have not had any legal action on any of my LLCs so I haven't tested this.There are still self employment taxes when you have an LLC and that's why I actually have an S corp that owns each LLC that I own.  

Its the same every time i pass a speed limit sign and i think to myself haha that simply means i can go 10 above it and not get pulled over. people will test the boundaries of the law until they are caught. 

Its very true what you're saying, and I am considering this area as a test run to making money, but if we can hook up, I would like that.

Already had the whole house tested. thanks for your great advice.I know for a fact I cannot come up with all the closing costs.

@Charles Lewis  I don't think that will fly for your personal residence exemption... you can't split off part of your residence and sell it.. you need to sell the house also.. its were you reside that is the test.

Most people like being by open space but the real test is what is it used for? 

I also have another REIT I picked up during that time that has done really well too.As far as CA RE schools I'm taking a packaged course (3 online courses + weekend crash course before test) at Chamberlin Real Estate School in Campbell.

Testing and tuning is important, this is a business.