You can always inquire with an corporation creation service like incorporate.com and the many others and get answers from the experts.

--Likely should put "no preference" to the corporate owned selection so it includes LLC purchases-- Click purchase list, but on the checkout screen, choose "partial list" and the you can sort custom by zip code.  

You should not use your name (first and/or last) in the name of your business (LLC, corporation, etc.) 

Programs available may work in concert to pay costs up to a qualifying level.Very low includes shelters as well, there are HUD grants as well as public, not for profit organizations, religious and private foundations and generally carry corporate sponsors for non-profit housing providers.You may also be speaking of the more lucrative side of low-mod housing under Section 42 of the Tax Code.

All this, in this thread is IMO, I'm very familiar with RE license requirements and there are no exemptions for retirement accounts, they apply to "any individual or corporation".

In order to properly be prepared for a loan its best to get the below areas reviewed WAY in advance of ever needing the financing (12+ months in advance):- Schedule E (rental properties and passive income)- Profit and Loss - year to date - to make sure trending income is same as prior year and or higher otherwise we'll be using "worst case income year to date / total months to date"- corporate tax returns (1120 c corpporations or 1120s s-corporations)- underwriter will review the balance sheet to make sure there are no short term liabilities that will come due that could affect the "cash flow," of the corp or LLC/entity because if it does it means the borrower may not be able to pay the obligation thats being applied for etc.This is the reason why there is a need for stated programs is because most lenders are people persons and sales people not financial analysts.

Are wholesalers considered independent contractors, or do you form some sort of entity ( LLC, Limited Partnership, Corporation, etc.)?

Also, any idea about possibility of making it a fully furnished or "corporate" rental?  

You can also set up your business as an S-Corp (even more protection overall, it offers the benefits of a corporation but you don't get double taxed with the S election the way you do a C corp) and that S corp can "own" each of the LLC's that each hold one property. 

@Karen Margrave Another great way to get CA properties to cash flow is through short term, corporate housing.