You can do well with a more simple approach, but it won't be easy either way.

or is there a more proper approach you would recommend?

Is this a good approach, or should we look at a different shade or finish?

However, this approach might add complexity, such as additional tax filings, self-employment taxes, and administrative costs.

However, there are strategies and approaches you can explore to make this process smoother.If your PML is hesitant to fund directly for auction purchases due to the risks, consider structuring a partnership where the PML becomes a joint venture partner.

LIke Remington financial and such. this one is very sophisticated in their approach etc etc. 

I had trusted the wrong people, but I will invest again now with a more money orientated approach. 

I would take the same approach myself. 

A broker approached me last year to do a loan on The Bank, but it wasn't Ellis. 

This simplifying approach slowed things down and in so doing sped up my progress.