Having an LLC in that state may simplify compliance with local regulations, tax filings, and property management.

From a lender's perspective there is a risk of mechanic's liens being filed up to 4.5 months (in Texas) after they have been on site. 

From my point of view you need to separate work and investing by giving them deadlines and sticking to them.

Specifically, rule 506(c) allows for any securities offering to be exempt from public filings, other than the actual registration handled under Form D, which is available through an SEC search.

You will need to place your original note in escrow with an attorney and a UCC lien will need to be filed against the note. 

If you have not taken the cost seg deduction, please look in filing 3115.

Ten days after the pay or quit notice, you can file for eviction.

Wondering what others have experienced once the amended return is filed with IRS as far as a timeline on when I will receive my return?

If you have a $30,000 loss (very common) I don't think a $2,500 difference is going to change whether or not you'll file a claim.  

I have every empathy for folks who are hurting especially from instances that are from outside of their control, but filing bankruptcy to get out of debt that she chose to sign up for and promise to pay for the sole purpose of getting ahead faster (her story, not mine) seems less than ethical and Bigger Pockets promoting it is questionable.