You may get more exposure posting in the proper place for it, the Deal Analysis ForumOrganize the presentation of the numbers for the property a bit and I'm sure people will jump in with evaluation/advice.

So whatever you can do to minimize your exposure would be best IMO.

Consult pros, but know what additional risk exposures you may be liable for before hand.I am not sure about the transfer tax, but am aware of the other exposures.

Price, condition, location, and exposure.

Your exposure is very high.

Hoping some exposure on BP will connect me with wholesalers looking for cash buyers!

I'd really encourage you to start small....a low-end rental, or mid-price flip where you don't have any financial exposure you can't afford to lose.

This is because two widely believed reasons for investors to do so are actually not true: 1) avoids the 30% IRS withholding tax--this still applies if you ever want to take money out of the United States at any point even through an LLC, and 2) limits litigious exposure.

I did those early few without a hitch, the more you do the more your risks will increase as your exposure to those life events are more likely to surface.

There is also the balance with liability exposure, and succession planing to consider.Finally, when it comes time to pull monies out of the company as dividends, it will be taxed at a lower rate than earned income (at least here).