I recommend sitting down for an hour and learning how to develop a simple model in Excel yourself.When looking at properties you will often time have edge-cases where there are unusual sources of income and expense that might not fit in a calculator like this.

I was recently told in a sit down with an attorney to form them into a Texas Series LLC, which I think is decent advise, correct?  

I understand most East coast and mid west sellers and buyers insist on going to the closing office and sitting around a table..

Show them how much you already lost due to their incompetent management and sitting vacant for six months.If they insist on pushing this, file a complaint with the state licensing board.

Jorge,I would recommend that you sit down with a Lawyer and Insurance Agent with experience in this area.

build multifamily not single family or build smaller smaller homes aren't sitting. there are thousands selling in our market in columbus 

I am now seeing some junk costs, etc, while the property sits vacant.

Let's say it's a house sitting on 20 acres. 

I can't recall the brand, but I think we got it at home depot.

This post is my small way of advising against that and hopefully steering some people straight.There's no shame in sitting on cash, building reserves, and being patient right now.