But because these hearings only occur on Tuesdays in Marion County, IN, and yesterday was election day (closed) and next Tuesday is Veteran's Day (closed) my eviction was a 'perfect storm' of sorts and will end up happening on 11/18 instead.

Hopefully sanity will come after the next couple election cycles...

No effect on taxes at all, unless you elect special tax treatment. 

The shareholders elect a board to run the co-op.

She does not have siblings and she is the only President of the LLC's that owns the properties.

In addition, i don't think an LLC electing to be treated as a Corp can elect S Corp status.

If they hear anything like that much discount they'll elect to just DISCOUNT the property and get cashed out.I know some of you will say that "people's life situations change", and that is definitely true.

I would recommend going to a smaller local bank and talking with the president or senior vice president about what you are wanting to do.

What I do find challenging though, is that unless they can interpret the inspection, lots of little things that need repair might translate to the investor that there is too much wrong with the house, where in fact they are small, inexpensive fixes.I have also had deals where my buyers opted to save their $300 and got saddled with some big expensive fixes that would have been caught in an inspection, and we could have renegotiated the price of the deal or had the seller fix the problems.A friend of mine, and quite a seasoned investor, purchased a house from the president of her REI group, and trusted him to give her a sound house.

I'll qualify what I am writing here by saying that I am currently the president of the HOA where I live.My three most persistent complaints are:1.