As you can see, just setting up an LLC and pretending that's enough and keeping the mortgage in your personal name and not hiring a separate manager for the LLC and basically just operating like it's individually owned with the mask of an LLC on a quit claim deed, it does absolutely no good.  

For at least the next year, vacancy isn't going to be an issue (and if you're factoring in tenant turnover costs assuming they bail, their security deposit is 2-months worth of rent, or $2,200, so if they broke their lease and lost their deposit, that would inherently be a significant boost to my cash flow - this property has a track-record of taking about 1-week to fill when vacant, and I've familiarized myself with all of the current landlord's marketing methods and materials to keep it that way - but for the sake of this, we're going to pretend they stay).

I called and told him I'm paying him for licensed skilled workers but I'm not seeing any of that.. he couldn't argue with that he just got upset and pretended he did not know they were unlicensed (even though he told me before they have been working for him for years and he crew also confirmed that).

@Chris Witt Well, this more telling than your other post.Apparently, you Know about a foundation problem that you apparently believe to be Real.....so yeah, now you need to disclose.BTW, now you have declared to the world that you know about it, kinda of hard to pretend you didn’t, if it comes up later.

I still think it would be pretty distasteful to pretend one position and then take another, but the seller certainly has the ability to read (and have his/her lawyer read) the contract before signing. 

Or are you here just pretending you are serious just so you can belong  in a group called biggerpockets?

Pretend you’re a hotel guest, and live in it yourself for a few nights, or have a friend stay and give you feedback like they are a whining hotel guest.

As for your letters (more opinions are about to arrive) they are EXACTLY what I thought they would be; that regurgitated garbage everyone who pretends they are a marketer mails out thinking just because, "I have cash, I close quick, I buy As-Is, I, I, I do this, I do that, Look at me, me, me" people are going to call them up and throw deeds at them.No USP.

Step 3:If you reallllly do not want to start wholesaling then you pretend that you are wholesaling and wholesale!

If I pretend to be old Fannie, my answer would be something like:OK there buddy if you have all these cash-flow-positive rock solid rental properties making oodles and oodles of money, why is it so hard to pay some of the mortgages off?