I am also a huge fan of real estate and for the past 50 years there's been a way to combine both.By leveraging a Self-Directed IRA, real estate investors enjoy both the traditional advantages of property ownership and the additional tax benefits of retirement accounts, creating a powerful wealth-building strategy.

We look at lenders (so long as they lend in the asset class you are considering) as an additional line of due diligence (they deeply care about their money and they are likely more sophisticated than you are).

In addition, I have my home that I recently purchased with a tad of equity for maybe a Heloc. 

They will have additional costs for mailing & online campaigns to get leads.

Feedback has not suggested property needs additional repairs/work, only that they are looking in a different area.

Purchasing the LLC gives you ownership of the property, but it also opens you up to additional legal exposure since the entity has been active, and there is no way to really know for sure what else they used the LLC for.

However, i'll likely be looking at additional ways down the road to be even more secure for a backup what if scenario.  

Maybe he'll learn a valuable lesson. 

Additionally, for the AR llc, do I need to register the LLC in California as a foreign company?

But there are many things that can be done to greatly reduce the chance.For example, many sponsors are audited which provides an additional set of eyes.