A typical five-piece surround is held together with glue and caulk, and without maintenance, it will fall apart and just cause you more problems.Instead, go ahead with a two-piece surround or even a tile surround.

If you are buying in a LLC there is typically a loan agreement and personal guarantee that is common

Also be aware that cash out refinances typically have slightly higher rates than initial purchases or just rate and term refinances.

Essentially, instead of selling a property and paying taxes on the capital gains, you can reinvest the proceeds into a similar property and defer the taxes.

So if the opening bid is 600k you need 600k in cashiers check typically I know out west here you cant bring a personal check I have beat others out when they thought they could just write a check and I presented my cashiers check. 

These are really questions for your attorney - the more typical scenario for a jv like this is you have a new LLC where you are the manager of the LLC and the investor also owns a percentage of it.that way you don't have to deal with transferring it etc. 

Quote from @Brandon Croucier: 20% down is terrific on land.It’s a non income producing asset which has increased volatility, typically I see 65 LTV max on land as of late.Thank you Brandon!

It was a typical house purchase deal.

Yes typically you'll file the wholesale activity on a schedule C unless it was done in an entity (S Corp, Partnership, C Corp) but I see above you don't have these.

Typically these switches are in the vicinity of the furnace and not easily mistakenly switched off.