While I understand that some individuals utilize LLCs for anonymity, my primary goal is to prevent these properties from falling into disrepair or becoming abandoned assets in the city.Would it be appropriate to contact these lawyers to discuss the status of their clients' properties?

Property was mismanaged for 12 years and is in need of major repairs, 30,000 sf of parking lot to asphalt overlay, 8 damaged sewer lines, on and on.

What prevents your end buyer from waiting out your option period and going direct to your seller? 

We have welcome comments for family but we felt can't say: only family.How to prevent this type of booking? 

If your life events prevent buying right now then focus on those other things and buy when it makes sense.

Was wondering if it worth it to go with fiberglass doors to prevent rust on steel doors?

Are you aware of any pitfalls or "red flags" an investor should be aware of that might prevent qualifying for a conventional in this scenario?

There are a lot of preventative/proactive things you can do, including, but not limited to;1.

This is just one of many issues you could prevent with boots on ground for 72hrs.

To prevent this, the IRS penalties are VERY severe.Lesson:  Any direct involvement in the day-to-day management of the investment puts you at risk.Read more here: https://www.iraresources.com/blog/prohibited-transactions-an...