I am in the Sacramento area in the beginning steps of doing the same thing. I think the best advise I can give is the best advise I have received which is to read “Deals on Wheels”. It answers all of those questions and more. It also gives a lot of great ideas and examples.
I am curious what you are doing in regards to the Dealer requirement for Ca. as it is one of the hardest for a new person to compy with as I have seen.
Personally I plan on doing a couple in my name until I get a call from someone telling me to stop and informing me of the requirements, but at the same time I see that as a certain future which I am trying to plan for because I believe there is a lot of potential for Lonnie deals all over our state.