Lesson learned:  for the next property I will validate whether the higher financing costs inside the LLC are worth the benefit, and proceed from there.

If you dump oil, gas, or anything like that on the ground they will slap you with fines and a possible stint in jail.

I live in Midland TX which is dominated by the oil and gas industry and contemplated on purchasing a house or building a duplex to rent to a oilfield company.

learn everything you can about electrical/plumbing/gas/HVAC.

Non-traditional credit that I have used before is gas bill, electrical bill, gym membership, phone bill, magazine/newspaper, really anything with a monthly payment that can show paid on time. 

Regarding the sales codes you've encountered, "QC" indeed stands for Quit Claim Deed, which transfers the seller's interest in the property without any warranty regarding the title's validity.

Also, if you say no financial contingency, then what happens if after I get the property under contract and present it to my investors they start back-stepping,"In one breath you say you are fix and flipping but in another mention the phrase above which tells my you are a wholesaler of a contract and not a cash buyer.I don't know why people intermix the two.The difference matters to an asset manager.If you give them a quick close,no contingencies,cash in your bank account that you control valid within the last thirty generally you can get much lower offers accepted.Now it all depends on what type of property you are going after and they type of bank or government institution involved as to how much impact a certain strategy will have.

In your offer you can specify that you want access to bank records and tax returns to see and validate income/expenses.The challenge with whatever info you get, besides validating you aren't being conned, is what will your numbers be?

We are looking at a site for development that is 30 acres, the seller put a small oil pump jack that is 15' high. We are looking for 15 dwelling units to 25 dwelling units per acre in a suburban area. My thought is a ...

Like, you have the BIltmore mansion, perhaps the gaudiest and most expensive property in the country, and you have folks who (like I saw the other day) were taking a bath using a spigot that was next to my gas pump.