And the better partners you will attract as well.I always think it's good to partner with people on a deal-by-deal basis at first, to see if you get along, have aligned values, and like working together.  

And in this hot market, it might not matter, but in a more normal market, if a house goes pending then back on market, every realtor starts questioning why, and diverts clients away.Disclosures are very important, and I align with you.  

One consideration is what is the norm in your rental market - it is best to align to other landlords unless there is a strong reason not to.Advantages of having utilties in owner names:- You know that the utilities are paid. 

thank you very much for all your comments, I was curious about the LLC as it maybe an easier way to separate the family business part from my own, since the capital source, expenses and earnings will be separate I'm trying to keep it as clean as possible while leveraging when possible. everyone's comments are aligned and I will talk to a CPA, by the way!

In this case your interests and the HML's interests are aligned, they know that if you lose the house, you ain't going to be paying them back, and they do not want that outcome any more than you do.

it is all about being creative in your offer and making sure that it is align with what you want, but also satisfying the sellers needs.When you are looking at expenses, get a rent roll, 12 month maintenance history, any renovation background etc.  

Youre job then is to find a property management company that will align with your expectations on maintenance handling and  charges. 

In order to keep the momentum I would do the demo yourself if that more aligns with your goals for this project and your investing.

Once you begin to analyze the data it should help you decide what region aligns with your goals. 

I want to present to him a compensation package that aligns his commitment long term.