I agree with your hesitation on Portland. 

We work in one of the most regulated and litigious industries in the country, especially CA.

I would agree with @Shawn M..

Have to agree on that point.

Scott shall not be considered active under the following circumstances: unemployed while seeking gainful employment, on disability from full time employment, retired from government employment, or other circumstances out of control and atypical to choosing to pursue his housing business endeavors as his sole source of primary income. 1.Should Scott choose to “actively” engage in housing as his source of employment as defined above, Scott agrees to give 25% (twenty five percent) of his net profits accrued from his active efforts during the period of marriage to wife in the case of a divorce.2.Payment of such percentage of funds shall be payable over 120 equal monthly payments, or equivalent to no greater than 10% of Scott’s New York State Adjusted Gross Income, verified annually with payments adjusted the 1st of November each year, whichever is less, to ensure no undue hardship to Scott or the business will be endured.

The rest of the documents like Operating Agreement, is whatever the members of the LLCs agree upon, correct? 

My opinion, even painted white, you are not gong to change the "Country" look of those doors.

I agree @Ned Carey, right now  SFH market is better, 7 out of 10 potential renter I talked is looking for a SFH.

I agree mostly with Andrew postell above,  In order to qualify as an investment property from out of state and not a primary residence that you are living in, you are going to need more money into it as a down and then a qualify as a conventional investment loan.

I agree with Ray here.