Looking for a desktop scanner or something to eliminate the need for the fax machine. 

@Anthony RussellThere is also a math/tax problem with this logic that most people overlook when they look at the 401k participant loan as cheap and easy money.You put the money into the plan on a tax-deferred basis.You borrow the money from the plan and pay the plan interest in the range of 4-5%.So far, so good.Your payments to the plan are made with after-tax dollars, thus eliminating the initial deferral benefit.  

And if so, what made you eliminate it form your list?

Needless to say after 2007 my career path took a different direction, and I obtained my BA degree, and since have put all my efforts to eliminate any debt and be ready to focus on real estate investing.

This method eliminates the competition at the tax sale, be pro-active.Tax sale certificate purchasing is a passive method of investing, for me, I'm impatient, I don't want to wait the prescribed period of time to get paid interest on my investment (too old to wait for that).I would rather deal directly with the property owner to attempt to solve the problem they are having; no money for the taxes.There are times when if you are pro-active, visiting tax sale properties, searching for the owners, that you may find a really great deal.

However, in the future if you could eliminate the corporate and trust owned properties I suggest to do so.

I would love to get this property as I see a lot of value add potential if I can eliminate some of the expenses from the utilities. 

Option 2 saves you money as you eliminate the HML points and interest.However...if you are going to be flipping on an ongoing basis it might be a good idea to establish a relationship with a Hard Money Lender who could help you finance further flips and help you grow.Unless of course your deliver big on this first flip and your family love the cash and agree to finance more projects for you. 

However it is always easier to track and eliminates potential questions if you sell as yourself and then buy as yourself and then contribute it into the LLC.  

<-- Note from Charlie:  Even this would not eliminate the responsibility to ensure that the loan made via seller financing is/was properly serviced.How can sellers financing the sale of their properties be sure to avoid licensing?