Markets are relatively efficient and the strong cashflow days were 5+ years ago.

Just wondering how you feel about the unique challenges NOLA has relative to economy & climate change (insurance), population decline.  

If the amount paid to purchase an existing note is below the principal balance or more correctly, the unpaid balance, the investor will benefit from an early payoff to the tune of the discount.  

While Wyoming LLCs offer anonymity and tax benefits, you’d still need to register it in Alabama and California, adding costs and complexity.If you are not flipping properties, there is no need for Rehab LLC.This post does not create a CPA-Client relationship.

I do NOT rent to any real estate agents, brokerages, or property management companies as they would be a competing business and it wouldn't benefit either of our businesses to share a building.

Maybe it's because I had a relatively tolerable day at work today, but I don't have any specific plans to quit the W2 just yet. 

So, just beware that you want to look at how you are doing business not just for your own benefit in a situation like this but to protect yourself from other issues as well. 5. 

What benefit would this give you?

The BP community can help out a lot with a relatively little amount of info.

To clarify, I had initially put the property under contract but had to back out of the deal due to negative inspection results, specifically related to foundation issues.