Ben,Very informative post! 

Quote from @Ben Scott: Make sure to close the transaction at a title company and have the deed and title put into your name.

Quote from @Gaya Ben Simon: transforming a room into master bedroom , utilize basement space to add sqft , fixtures , open space concept ( tare down drywalls to make open space - kitchen - living room - dining room That sounds like a fantastic transformation! 

Ben

Hey @Ben Oestrike, I've been asked this question and as a lender, I would not lend funds for a sheriff sales. 

You want to find what exactly is bothering you as accurately as possible, then ask if you have the skill to make it better or do you have the tenacity to fix it through gaining the knowledge or farming that pain out to someone else.Now you can weigh the pros and cons Ben Franklin style.

Quote from @Ben Whittington: Quote from @Nicholas L.: @Ben Whittingtoni hear you and that all makes sense... if you don't have that much liquid, though, I think it will probably be a huge, huge grind. 

Quote from @Gaya Ben Simon: Quote from @Steve Duff: After many years being out of the house biz I'm getting back in and seeing a lot more competition for leads.

If he operate as an LLC, can he also save taxes and achieve 0 tax?

Ben Mallah in Florida has been doing this strategy of getting commercial loans  to live on or deploy the capital how ever he wants .