If you can keep inflammation down in the body (keep hydrated, use anti-inflammation spices like turmeric, limit sugar intake, don't eat late at night so you can intermittent fast) you'll be healthier, will manage stress better and when your body doesn't feel sluggish I believe sadness and depression have less of a chance of showing up. 

before even closing on the sale of that NH property, we kicked off a direct mail campaign together (4500 mailers), targeting the following list, in hopes of finding a good offmarket creative finance deal for *me:*-owners of 5+ unit multifamilies in MA-owned 15+ years-with 50%+ equitymy job was to get the mailers out, take intake calls, and start learning about what each seller is going through, and jon and his team's role was to negotiate, get the property under contract, find the end buyer, and coordinate the sale. we got a solid 20-25 leads from this, and got 1 under contract. it wasn't ideal for ME because the sellers were not open to creative financing & i am not into heavy reno jobs, but it made for an amazing wholesale deal!

Under what circumstances can I back out, in case no wholesaler is interested in taking the contract off my hands?

As others have already mentioned, LLC might not be necessary at this point because no attorney will be interested in taking you to court if mortgage accounts for about 75% or 80% of the property value.

I suspect in taking this strategy, you may get to a point down the road where you are in a much better financial position to be able to build on your existing property for highest and best use.

I was just expressing some interest in taking the same processes and model to a slightly different location to diversify and also to keep an open mind to keep learning about all of the neat ways people with more experience than me are having success.  

But why don’t you let yourself in, take a look around, and call me with any questions.

One of the Indiana tax lien auctions I am interested in taking part in requires a letter of credit.

Budgeting is the single biggest factor in taking a step to the next level of wealth

The numbers all check out so I’d be interested in taking the chance since the prices are so low.