Again, if you learn some of the basics, you won't be so nervous about the problems you will eventually face.Start with BiggerPockets Ultimate Beginners Guide (free).

Now if there is truly a value add element to the property, the ultimate value (price) is in the eye of the beholder (buyer).

Took an extra 6 weeks than planned,  but ultimately got it done. 

The seller had attempted to buy me out of the deal but ultimately realized they had no legal grounds to back out.

That ultimately means their property value goes down, and around 65% of the Nation are homeowners:https://fred.stlouisfed.org/series/RHORUSQ156N  Great point Jake.

Ramping up this year but my wife and I ultimately plan to move to Georgia in 2027 (we already have a realtor for the curious). 

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LLC's separate your personal assets from your investments and offer you protection from lawsuits related to your property, they can help to establish a more professional image if you plan to expand, and they provide some flexibility on how you are taxed.There are some drawbacks, included fees and administrative work, but it's ultimately best to consider speaking with a CPA to determine the best option for you. 

Below is how I grade neighborhoods.The Ultimate Guide to Grading Birmingham Alabama NeighborhoodsThe Ultimate Guide to Grading Cleveland Neighborhoods

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