We got it for $105K off the appraised price, and 45K off the list price with 12K back at closing. 

A good attorney will even warn you if you are doing something illegal.As you can see from the list, a wannabe or "self taught" or poorly trained by videos or in a "community", does not provide the breadth of knowledge & experience to keep people out of trouble. 

@Erik EstradaThe crazy part was that when I had spoken with the Self Directed IRA custodian, Equity Trust Company, they had given me a list of lenders clients had previously used.

I didn't list ventless dryers as I haven't read very many good things about them.

And there is a laundry list of existing professionals in this space to replicate from. 

You may want to get in touch with some realtors in whichever markets you are interested in that specialize in off market deals (pocket listings) and who are also "investor friendly realtors," not just ones that want to off a garbage property to you.

Quote from @Austin Wolff: Hey Kegan, I published on article on BiggerPockets specifically to answer this question for people like you (and selfishly for myself):The 10 Best Markets for Your First House HackNone of the states you mentioned are on this list, however.

Now that the unit is finished, it's going to be listed for $2,450/month and the same model on similar lots are appraising for $410k.

The list is a nationwide list the Miami-Fort-Lauderdale area made number 2 on the list Orlando was ranked 6 on the nation wide list, so judging by the post I think it would be safe to assume Florida is one of the best states for fix-n-flips. 

If the LLC owns the property, then the LLC should be listed as the owner in the contract.