The only problem that I have with using my cash on cash return in year one is as follows: What if in Year 1 I have a large amount of Capital Expenditures that occur (small amount of rehab, paint, floors,fence) ?

If the auction actually occurs, then she will lose all rights for the property, unless there is a owner's redemption period.

I'm worried about how long it will take to put us out of our misery.Since the government is elected and supported by the vast voting power of the lazy, the disenfranchised and the entitled, we may be in for an extended period while the government tries new fixes and various bandaids before realizing we're way past the tourniquet stage.Bleeding out will not be fun and will probably occur in ways different from the past, except in the pain.And the end result will either be a new and truly great government and society, or something very, very bad.

In some areas, retail sales are occuring, and can be used as a basis.

Selling the two properties to your business won't help unless you refinance them in the business' name.A scam that's been occurring recently is that a homeowner goes to buy a new house, claiming the one they live in now is going to be rented.

Randal Your not going to like my input buy just the same...Yea in theory the deal you want can and I'm sure does occur, however so many things are out of your control and can back fire.I like cut and dry, I don't like the idea of messing with someones life as someone ties their deed up offering a solution that may or may not work out for them.

If you are looking for hosting try http://oneandone.com or http://ixwebhosting.com You can Do as Dan suggested and buy a template and then have it customized or you can use canned platforms like joomla or wordpress.

For straight wholesaling, this might be tougher, as there's not much time for seasoning to occur; you're limited to cash buyers then.

The harm that occurs on the property will not bleed out to the members of the LLC.An umbrella policy is good to have but it is not a subsitute for an LLC or any other business entity.

I highly recommend going with Wordpress.