(I avoid single member LLC ownership as I feel they are more vulnerable if they are simply an extension of yourself).However, if I didn't have the mortgage note fully documented & duly recorded etc the IRS auditor was reluctant to allow the expense.The later is also good practice if you are using the mortgage to strip the equity to protect the asset.

But I will qualify that by saying I haven't researched the issue, done "subject to" transactions, or extensively studied the TREC contract to see how it interacts with the DOT.

So you file, takes 6 weeks to the first court date, then they go in ask for a 30 day extension, or claim they were never served properly, etc.

You can google to find extensive stories and lists of rivers...but I've chosen to include this one in particular because the website is an absolutely incredible source of information about jacksonville.

A good GC should also be almost cost neutral but provide the benefits of extensive project management experience.If you feel your project management skills are able to handle project, I would say go for it.

I have been trying extensively here in my area but not luck.

The owner should list their house and ask for an extension of time from their mortgagee since they have equity, this would be in the best interest of the mortgagee and borrower.

We did all of the work ourselves (only subbed out the windows and reverse gable extension) and was able to keep rehab costs down that way.

These properties are primarily bank owned and come inline with the 70% Rule, but they are priced low due to the extensive work needed.

This individual has rehabbed over 20 houses in the past 2 years along with extensive experience in BPOs.