You should also recognize that your preapproval is not reflective of what you can afford. 

California does not recognize series LLCs.You also want to look at whether a pass-through entity helps your bottom line and your taxes.

@Hunter Preston,  There is no profit or taxable gain recognized without a sale. 

I did not recognize the the name of the person that requested the service in the letter so I contacted my contractor and he did not know know who that person is.The company that sent me the letter is: Robertson's.

Lately they have been cracking down hard and doing audits on  conservation easement investments as they are not allowing these types of writeoffs as tax savings strategies to be recognized after the fact.I'd like to hear from you on your experience with this and if you've had luck with winning.

I also believe strongly in getting a mentor or a coach who is better at recognizing when something is a deal and when it isn’t a deal and who can point out potential pitfall.I like an analogy that Robert Kiyosaki uses about risk.

In a second time, you assign the beneficial interest to your LLC.The title of the property will read land trust xxx with yyy as trustee.In some state land trust are not recognized as entity, so the bank account should be under the name of the beneficiary.You can use a third party LLC or Corp as manager for the property.

Then, you'll be able to spot opportunities that most others don't recognize. 

Some things the government and the accounting world has considered to have a useful life of multiple years and has required that you are only allowed to recognize that expense and take it as a deduction over that useful life.  

The fact that you recognize a property like that means you are getting a feel for your area.