For that reason I built a full-functioning cash flow model taking into account hard money, the mortgage refinance and all relevant operating expenses to assess monthly cash flow.

You can definitely still write off mileage and many other items on your taxes without being in an LLC.

Once the option period is up, cancellation would only be for items specifically named as contingencies, such as financing.   

As we sell through these items should we create a bank account with the llc to "season" the capital for when we are ready to reach out to a lender when we are ready to make our first investment?  

Sherman, and Denison are growing a lot due to the Texas Instrument chip plant being built there.

It's important to have your attorney review the title commitment, as I've seen "wholesaler-friendly" title companies include various items in the title exceptions that could cause problems later on. 

.: BRRRR have some items that flips do not (plus most of the flip items):- refi appraisals in my market are conservative.  

Tech for most part is just a deployment item not innovation, utilizing tech to automate and do, more efficiently, what was done in antiquated manners. 

This allows you to make an offer without a HI contingency which is much more competitive than one with the contingency since you are buying the property as is.You can still get the home inspection after you settle to capture all of the detail items.

It is now a negotiable item.