I have been searching for meet ups and real estate events outside of Chicago, however I have been unable to discover any.

Finally, in the event of default, as we work through the grace period we could get the deed recorded in our name before we sought a new buyer (if we couldn’t get the current buyer back on track).Obviously I’m getting the sense no one here’s a fan of skipping recording, I’m just wondering if these additional aspects change the calculus for you at all. 

Wealth is for protection from unforseen events and emergencies.

We would follow abandonment processes for getting possession back and storing belongings.But we are less likely to encounter this because we have this clause in our rental agreement:In the event of abandonment, arrest or death, the following person has the authority to decide when to terminate tenancy and how to store/distribute my belongings:Name: ____________________________________________________Address: ____________________________________________________Phone #: ____________________________________________________If we have an applicant who will be living alone we include this wording.

Join a bootcamp, listen to the podcasts, read/add to the forums, read our books and go to local events. 

It's the idea of Buy - Rehab - Rent - *Refinance* - Repeat.Selling your property would be a taxable event, too. 

Beyond the Monthly Management, Placement & Maintenance fees, all other fees in our contract are IF EVENT -> THEN fees.

Venue is rented out for mostly weddings.

Or they can go to a jewelry store and drop $10K to buy a beautiful diamond ring.How many people who say one should only watch videos and read posts crafted their wedding rings?

The LLC has no impact on the effective tax rates.Also if you acquire a property for the purpose of flipping, that will always be Ordinary Income, also likely subject to self-employment taxes.That particular sales event has no impact on the taxation of your normal rental income from other properties.