Nine of which are vacation rentals in which no one but I, handle all aspects for renting, collection of rents, reservations, contact after they arrive, etc.....

The 12% can be just as passive as your offered 8%, because those "2% Rule" followers have already allowed for cap ex, vacancy, property management and so on to arrive at their net 12% return.

But in the beginning, I'm going to have checks arriving made out to me (personally) and checks arriving made out to my LLC.I'm worried that if one day I get sued for God-Knows-What, some attorney will say "Look at this guy, he was receiving checks made out to himself personally even though his LLC was already formed."

When you buy a new policy and that little booklet on very thin paper arrives, read it.  

Hello all,I recently moved from Northborough to the Georgetown / Groveland area.It is an exciting move for me, because I think that the North Shore market is quite a bit hotter (and less risky) than "The Boroughs". 

If your physical vacancy is 12.5%, your economic vacancy will be greater, perhaps even double depending on the tenant population, the neighbourhood and the rate of decline of the business.You need to understand the customer, and how the business arrived in its present state, before you can determine whether the pay-back on 50K of CapEx - not to mention the initial purchase - is sufficient.As others have posted here, it sounds like the Vendor has milked all of the equity out of the building - leaving the building with significant deferred maintenance; perhaps even obsolete.  

A litter bit late I arrived!

Make sure you do your research on the reputation of anyone who might offer to help you so you don't end up in hotter water (there's a lot of great people on BP, but that doesn't mean everyone ) You may have to give up more of the future profit than you'd like-- but at least you'd stand a chance of getting to a profitable point.

Checking with the departments one by one for each land listing that looks promising seems very inefficient.Regarding costs, i hear build costs of containers vs stick built being similar, but I had wondered if that is taking all aspects into consideration like build time, foundation and site prep requirements, etc. yes, steel cutters and welders are a special trade but the structure can arrive pre-built and potentially just sit on concrete pier foundations if the soil and zoning allows.

I plan to arrive late Thurs to start Friday a.m., lets look for each other at the first session break Friday a.m.