Hey Latoya, welcome to the BP community.Wishing you all the best on landing that first deal.

Way too many moving parts to predict it and the bull is in the China shop right now breaking things. 

I've also seen lots of people way over estimate sales price and I'm sure bust their time on market projections.   

Hello Jason,Your best bet is going to be to track down the owner, or the owner's heirs. 

Hard money and private investing are both ways to finance flips, but they work a little differently.Hard money loans are typically from companies or private lenders that specialize in short-term, high-interest loans.

Now, I'm considering whether it makes sense to create a LLC and "sell" the SFH to the LLC to take advantage of Section 121's capital gains exclusion, as we still meet the 2 out of 5-year rule, and to potentially increase depreciation value.Has anyone gone through a similar situation or have advice on the best approach?

The best ROI is getting in front of people and meeting them.

If you are and that quote is at full RC then you have the best rate there is.

If you already use him, make sure you avoid talking to him on the phone (his favorite way to get you to forget everything) and get EVERYTHING IN WRITING!

Wishing you all the best on your journey.