Lenders, Investors, Hard Money, Partners will focus on experience and risk, so bringing value by finding great deals or managing renovations, can help you break in.Keep refining your approach and connecting with the right people!

Would love to network with some people to get to know the area and the market a little better, as well as to hear about your experiences.

Hopefully someone with tax accounting knowledge can jump in here with more detailed analysis, but I looked at this a bit several years ago...1) You still have to pay the depreciation recapture on the sale decreasing the net benefit of this approach due to the large tax payment in the 'sale' year2) The LLC would need to not be a passthrough entity so that it can be taxed separately from you, so you have to add another tax return cost for the years going ahead3) Taxing it separately from you likely means corporate status and corp. taxation rates which are higher than yours and I've heard many times over the years to avoid titling real property as a corp...Overall from what I've seen this only makes sense in a select few scenarios, which for most people aren't in play. 

I believe this law presents a great opportunity—not only as a sustainable business model but also as a way to help people in need.However, I have no experience in real estate or foreclosure auctions.

Get super familiar with your location of choice and work with people who have your best interests.

It is an amazing city with great people and plenty of opportunities in the real estate space.

But I don’t want to trade my time managing a business for a relatively small net income.The mistake many people make is comparing a real estate investment returns with a real estate business returns.  

I've got properties in (2) towns currently that are around 10k people in each town.

Typically people making the designation a private lender is someone you know and have a relationship with and will privately lend you the money.

Two parents and 4 kids seems reasonable, but my houses are really tight with more than 8 people milling about.