That cost isn't really what one should concern them self with when looking at starting one for the purpose of owning their rental properties tho.

I’ve been a real estate agent and investor for over a decade and have only had this come up on a handful of occasions and prior till today no one has detailed out the rules to me  personally.These rules concern a fairly narrow set of circumstances that many investors will not encounter until it’s causing a problem, so no I don’t consider it common knowledge outside of lending circles.Not being able to sell a home for a profit for 90 days is from my perspective a fairly arbitrary guideline.  

You're allowed to do work for it yourself, as far as the IRS is concerned it's you. 

If something went wrong, I wouldn't have the experience or local knowledge to address the issues. 

As a going concern I believe those assessments would be interited under California law.

Any suggestions on other ways of addressing this?

PM me with your email address and the criteria you're interested in and I'll send a report over.

I can tell someone I'm John Sanderson, owner of this building, and the notary will make sure that I'm John Sanderson, but won't make sure I own the building.That being said, I've had this question pop up, and I've shown the potential tenant the tax bill addressed to myself and that has sufficed.

I spoke with my compliance department in my company and she addressed how difficult it would be to separate myself from my real estate knowledge and from my responsibilities as Realtor.

Drive every single street and get the vacant property addresses and skip trace the owner and see if they want to sale.