Quote from @Benjamin Blunt: What are the best strategies or tools that you use to find Off-Market Properties?

We just think by taking cash out nontaxed and still cash flowing, while still having tax benefits, seems like a good idea.

@Philip Beckwith typically in Michigan, you can only do a tax appeal in February.The instructions will be on the back of your winter tax bill.You will need to have great comparables to challenge the City Assessor's valuation.

You can put the SEV value in this website for a tax estimate.  

If you haven't yet found a CPA or tax professional to help you save on your tax bill each year, would you want BP to help recommend a tax professional for you? 

When it comes to your 1031 exchange the LLC really isn't the issue.The IRS cares about which tax return reports the activity of the property.

Part of the motivation for congress writing Dodd Frank was to clamp down on the investors offering preditory terms re  rent to own and seller financing and that view has carried into craigslist rent to own adds and you say zillow. 

I'd say the biggest landmine to watch out for is our property taxes.

Couple is divorcing, husband wants to keep the property; wants ex-wife's name off of property/loan. 

Buying at the mortgage balance (~$150K) positions is under the fair market value and can trigger gift tax rules.