We have a lot of plans with what we will do with the profit (we are rolling the 30k profit into two more financed rentals via 1031 exchange).

The use of single-member LLC to hold title to individual real estate assets (as opposed to multiple properties being titled in the name of one entity or individual) is used to limit liability risk, creating “bankruptcy-remote” special purpose entity standards, and also to facilitate tax-deferred, like-kind exchanges under Section 1031 of the Internal Revenue Code.

2) Transfering assets to an LLC with no money exchanging hands (or even looking like it exchanges hands) is one (of several factors) that may weaken the protections offered by an LLC.

Have you thought about offering participation or a referral fee to a broker who works in a commercial house in exchange for data?

I'd still like to continue purchasing and will continue, especially as I convert my properties in CA to Memphis using 1031 exchanges. 

@Manuel Savorelli  I wrote that e book for foreign investors who were having a hard time with figuring out where the good markets were and what to look out for in the US.Glad you found it useful....

Ohio law requires foreign business entities to register with the SoS in order to hold property or avail itself of the courts of this state. 

Tax reasons imply's you have exchange money burning a hole in your pocket and you are motivated to buy something quick.  

I find it sad that the bill of rights and constitution are shredded for our "security"Benjamin Franklin said those who desire to give up freedom in order to gain security will not have, nor do they deserve, either one.And while I respect and admire the men and women who are willing to fight for our country, I disagree that we are fighting in foreign countries to defend our freedom.

@Kevin Smith you can register each of them in Texas then register do as a foreign entity in the other states.