Unless you are running multiple business operations (like a PM business, sales, contracting) the need for a master LLC typically only creates havoc for you. 

Under contract, just needs to close.

That being said, how does one go about getting architect plans for a home to get bids from contractors in a smart way?

An assignment is part of the wholesaling strategy.You get a property under contract below market value, let's say property ARV= 400K.You get it under contract for $150KKYou ASSIGN that contract to a cash buyer for $250K.Your assignment fee would be (roughly) $100KThe assignment is part of the wholesaling strategy.1.

Having some capital to deploy gives you a lot of flexibility, and it’s smart to explore different strategies to build that long-term wealth.

If it is not in the contract, the contractor has the right to believe they are not responsible for it. 

It is normal to get cold feet but the main thing is to do the best due diligence you can do prior to going under contract-  "Pre-DD". 

This tax applies to rental contracts entered into on Jan 1 and after. 

I recently secured my first off-market property under contract.

I would loop in the real estate agent since it was his recommendation and not pay the rest as there is no contract.