I am not a pro member. I

The latter, which I'm a member, is comprised of large professional companies, who might obtain their cash through a mortgage pool or other syndication, to small mom and pop individuals like us, who only loan their own funds on a face-to-face relationship.Serious lenders don't mind paying to be on a list you can obtain for free.

It seems the consensus is if it's for myself, go ahead, if it's more than a member I better get a lawyer.

@Chris Berg the loan position information in PropertyRadar is based on computer models, and while it is a great starting point it should not be relied on for purchasing at auction, as per the disclaimer in the software.

@Cecil Russell You can set up a LLC with just yourself as the only "member".  I

(NOTE: It was stated as previously a SFH, so would probably have to be re-converted to a duplex).I estimated monthly expenses (including 10% vacancy/capex/repairs as well as PITI) around $1500 or so.Potential income (if both rented) could be around $1800-2000, of course half of that if we lived in one unit.Okay, what are your thoughts?  

and would it need to be re-asset or surveyed?

As long as your "intention" was to hold the 2 gained properties as investments and not inventory to be re-sold, you should be ok. 

Since you are also a Pro member, I would recommend going to Resources, and checking out FilePlace as well...See you around the forums.

Again Thank you, The SFR is held in a LLC, my husband and I are the only members and the construction business is held in a LLC as well, we are the only member. I