Unless the Lender will allow you to set up an Escrow Account for any Repairs the Appraiser may find ( so long as the total for these repairs doesn't exceed X amount of Dollars ) ?

I did not purchase the mastermind course for 5000 dollars as I can't afford it but still familiazing myself with tax lien and deed.any guidance and or books would be great

You might end up paying a few hundred dollars a year to the state you set it up in, and the state you are actually doing business in. 

For property tax reasons, these lots were tax assessed at no less than $5,000.To put this in perspective in today’s dollars (this was 40+ years ago) he would have paid maybe $500 for a tract of land tax value of $35,000.  

Well worth the consulting dollars.  

But here are the highlights to consider:-If you can do a 15% down payment on sum of purchase price and rehab dollars this can work. - Single family homes to rehab and hold or to fix & flip- Loan is in your name not your LLC- Rates between 5% and 6% depending on credit score- 30 year term loan, fixed rate, no pre payment penalty if sold or paid off anytime- Example buy at 100,000 and add 50,000 for rehab = 150,000 means 15% down payment or 22,500- So the buy is financed at 85% and so is the rehab if you look at it that way- House will be appraised off a contractors write up of the work to be done and must appraise out ARV to at least the 150,000 to make sense at all; if not loan is not approved so a buyer cannot get into trouble in that sense with lender oversight- all work must be done by licensed trades people, not the own themselvesIf this sounds plausible I'm happy to answer questions.

Who knows 2 years down the line you may buy a  2 million dollar home which is funded by a private lender whom you know for  2 years in Facebook  or who has met you many times over the 2 years and trusts you

In the case the way I understood it, if three people get together to form a hard money lending company (say a LLC and each is a member and each contributes X dollars) and they lend you the money - then you are getting money from one company. 

You may have a flat $xx dollar amount added to the rent monthly (specified in your lease) for utility bill back. 

The property is located in an area with 1M dollar homes, but a single parcel (not in a neighborhood) and propane