@Kory SantaellaIf these have mortgages you don't need them in an LLC.A LLC can also give you a false sense of security.You may be subject to due on sale clause on your low interest rate loans.

There is a chicken/egg problem there because you need the business to need the warehouse and you need the warehouse to have the business.Also, I've thought about finding an accredited investor who would put the money into an oil well on my behalf.

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.

Im indifferent to the number of units as long as the numbers make sense. 

Hope all of that makes sense.

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

There are so many factors to this questions, but to get a general idea if it makes sense financially.

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.

@Gyn Samples an RV park is less of a real estate investment and more of a business investment.

It’s also wise to discuss and prepare for all potential scenarios in a business partnership, including exit strategies.Communication: Keep potential and current investors informed with regular updates about the market, specific investment opportunities, and your overall business progress.