He is definitely "the real deal" in terms of he is a very successful entrepreneur with a big net worth and several streams of income (one of them being these future flipper course sales).Here's my 2 cents. 

Many states do have exemptions if the beneficial owner has not changed - like in your case.Federal - there are no income tax issues here. 

My income is great, and my credit reports are spotless.

I looked further out of CA but the lower property taxes, no income tax, and landlord-friendly benefits of Nevada sealed the deal.

I have income income to off-set some negative months.What do you all think is a better idea?

I don't budget for any portion of that as, although it's highly probable, it's not guaranteed.

At today's rents that's decade(s) of net rental income even when taking into account any potential increases.Rents however would get $3k/mo on the high end, and more realistically around $2.6k/mo.

I even created my first LLC to start the fix and flip business, funding it with enough skin in the game, elsewhere hoping to use OPM rather than my own capital to fund these projects as it has been difficult finding a lender who is comfortable with loaning to me solely without an LLC.My goal has always been to match my W2 income and eventually double it and more so I can work as a hobby rather than relying on it to live.

You'll be able to work up numbers with more confidence because you'll know the condition of the property you're starting with and what your goal is in terms of condition, value, and income/rent.

You'll want to make sure your tenants can comfortably afford the rent—usually, their monthly income should be about three times the rent.