He already has his mortgage - so, a blemish on his credit really won't negatively impact him.All you could go after is his bank account and state tax refund:(

Not a flood zone specialist but I don't believe it would impact your resale.

That’s the best way to do something like this  If an LLC has multiple properties, wouldn’t that get funky adding someone for one property to an LLC?

I'm an investor and have multiple LLC's for my properties in Sacramento.

Due to high demand, many investors in Austin are finding they need to adjust their approach a bit to make the numbers work.Rehab Budget: Ensure that bids are received from multiple contractors and that adequate reserves are made for cost overruns.

The bottom line assumes that your overall cash flow will go up from acquiring this new asset, which existing property, when you leverage will have the smallest negative impact on your overall cash flow. 

My biggest hurdle has been securing financing to work on multiple projects simultaneously.  

It has ZERO impact on your heloc rates.

Consider an Installment Sale: By structuring the sale to receive payments over multiple years, you can spread the capital gains tax liability over time, potentially keeping you in a lower tax bracket each year.11.

Not only will you save thousands of $$, you will have control over what is going on and avoid getting taken advantage of.This can also impact tax benefits.