As for the hype you’ll find by the gurus on YouTube and other social media, even if they were able to conclude a couple of these deals (which is not certain, there’s a lot of lying out there), the fact that someone with 20 years of full time real estate experience can pull off 2 spectacular deals in a 20 year period is no way indicative of an inexperienced person being able to do the same in anything like a near term time frame . 

When I make offers on REOs on behalf of other investors who plan to use hard/private money, I make the offer the same way I would a cash offer (no financing contingency, etc), and then in the special stipulations, I indicate exactly how the buyer is purchasing the property (with private/hard money).

Here are a few possibilities for "OR" in the context of property transactions, though the specific meaning may depend on the local property records or auction terms:Owner's Representative: This could indicate a transaction or document was executed by the owner's representative, such as an attorney or agent.Official Records: Sometimes "OR" might refer to the recording in official records, indicating the document or transaction has been recorded with the county or appropriate governmental body.Order: In some contexts, "OR" could represent an order, possibly from a court, related to the property.

What we do have are data points i.e. pre-foreclosures, foreclosures, vacant properties, divorce, probate, absentee owners, etc. that COULD be an indicator for a motivated seller. 

Section 1231 seems to indicate it should be an ordinary loss.

I was listening to a Podcast and the speaker indicated that he thought if a Real Estate 1031 Exchange includes personal property that the entire 1031 Exchange theoretically could be disallowed by the IRs, so he recommended breaking out the personal property separately on the sales contract. 

A tenant complaining online might indicate that the property manager handled them appropriately, so be sure to ask the manager for their side of the story.7.

The prior history was there before to indicate it was a bad idea, but she rented to them because she felt sympathy for their situation.

For clarity, I did indicate the mortgage was in the name of my business partner, not the LLC.

The cost of the materials was $1,500, and including labor I’d estimate this cost me about $3,000.The property manager never ran this by me or gave me an indication these project would be completed.Our service agreement is clear that written consent is needed when costs exceed $1,000 and in this instance these were not repairs and requirements needed to rent the property.