My agent indicated that a pre-qual needs to be submitted with an offer.Fairly certain that hard money is my best (if not only) play for this deal, taking into considering my income, cash on hand, and the opportunity to close fast.

If the list price is 189,900, is that a pretty good indication of their reserve?

No firsthand experience, but every time I've seen this question come up the responses indicate that for a few small units LLC will not protect you better than simply adding an umbrella policy to your insurance while being more complicated and expensive to maintain.Also many snags to consider such as banks not likely to finance residential property to the name of an LLC, transferring to an LLC later can trigger a due on sale clause in your mortgage, if you mix personal funds and LLC funds to pay for something you can negate all legal protections.

@Roy N. sorry for the multi posts when I clicked post on the app it just shut down and gave me no indication that it posted.

The results of a quick bout of on-line searching seems to indicate that {some} parking lots in Florida operate this way, so it is doubtful you would be charged with auto theft for doing the same.

You agree to pay the monthly rent indicated above via deposit to the following checking account at YOUR BANK: account # 123456; routing # 12345678  (nearest branch is BANK ADDRESS).Rent is due in full on or before the 1st day of each month without deduction or set off.

His card doesn't indicate if he is licensed in Ohio - but you might at least get a referral that serves that segment of work.  

(not uncommon).Sometimes you'll see a place in good condition (but with low reserves, indicating they spent the money to renew the place); or one with high reserves but in dated condition (sign of a tight fisted board).

We are seeking advice on how we should handle this situation.More details: The rental was not listed until several days prior to closing as our agent indicated that he didn’t want it to span too long, and it was not convenient to show the property as he had to call/text the seller each time.

I have no idea what you mean here.I started out with 2 mil to invest, and your numbers indicate that I made 2 mil in cash flow over 20 years (lost value with inflation and I have to LIVE on that money), and when I sell the place I'll profit 422K.