To validly execute contracts any other legal activities, the LLC must at least be registered in the state you are doing business.

The American market isn't strictly RE driven. 

That is a fairly complex exchange that will be difficult to execute.  

Far better than anything you could have done in a stock fund or just about any other real estate investment.As someone who once had 83 sfh rentals in middle class american towns here in illinois, these str's here are without a doubt far better investments.

So, $40k.Did you come out of pocket more or less than $40k to execute here?  

The new buyer should be responsible for these payments, but you must ensure they are made to avoid issues with the lender or tax authorities.Reselling a property "subject to" can be done, but it comes with risks and requires careful planning and execution.

Chris Lewis American Modern. 

This is very important because Base Rents are generally negotiated prior to lease execution for the entire term of the lease.

Problem is to get into that condition, it has to pass the appraisal phase which is executed by the lender.

Investing in real estate out of state can be a profitable venture, but it requires careful planning and execution to minimize risks and maximize returns.