It is a great brokerage and system, but it is the most "pyramid" style business in the real estate business.

There is no need to factor in attitude or personality in the business.

Even if you create a non-CA LLC, if you are managing the business from California, you will likely be deemed to be "doing business" in California and therefore likely subject to CA taxes.

I'm checking to see if we're able to get a loan on a manufactured home, but generally I would look to get into a syndication (tax advantages, etc.) or private capital fund (10-15%) which is where I'm seeing we may be leaving quite a bit on the table.

The note business ebbs and flows with the fluctuations of note volume.  

Investment Info:Single-family residence private money loan investment.

Private money lender, 100% financing no payments for 30 months, interest only months 30-60.

You might also meet someone that could be a potential business partner.

I suggest SIMPLE IRA for a small business. 

Keep your licensing and permits in order, manage all vendor relationships with contracts and adequate insurance, maintain adequate insurance on your end and more generally operate your business soundly.