I will have to check into this as I am meeting with a lawyer in a few weeks to discuss some options both personal and business. 

My personal home that I had to rent due to being underwater in Orange, CA finally came back to purchase price (bought back in 2005) and so I'm looking to sell it and buy more out of state properties with the equity.The one thing that scares me about California is that tenants have so much control and eviction is a slow and expensive process - up to 1 year and thousands of lawyer costs.I just had an eviction last year in Indy and it look 1 month and $300 eviction lawyer fee.

I guess I should add a disclaimer here: I am not a lawyer and I am not your agent.

@Gary P.I'm not a lawyer so I could be saying something very stupid here: but what gives California nexus over your business, so that you need to register it in CA?

Also for partnership and joint venture get a good lawyer with an iron clad agreement.

Seller Financing Commercial Property in IN - Lawyer Linkhttp://www.insideindianabusiness.com/authors.asp?

On top of this the seller asked me to front the lawyer cost for probate fees.

Logistics on all:See a lawyer, open servicing account like http://notecollection.com/payment-optionsPayment goes to servicing account, then excess goes to you.

I'm not a lawyer, but my understanding is that if she has deferred adjudication, then she doesn't actually have a felony on her record - she has an arrest, but no conviction.

@Darlene Lyons I am not a lawyer, but my understanding is that no matter what state your registered in the LLC offers the same level of asset protection in any of the other states.