That will give me authority on both llc without bringing in more pieces to the puzzle.

Depending on how much you need to 'borrow' will dictate how hard you have to work or how much of the deal you give up.If you have a lot of money, then find an experienced syndicator to partner up with.If you have a lot of experience but not much current liquidity, you can find money partners and people could bring you deals.If you have good deals, you can also easily find the other two.If you have none then prepare to bust your hump to find pieces of the puzzle and put them together for just a fraction of the deal monetarily, but a large chunk of the deal in experience.Then you build on that.

Location is a big part of the puzzle.

I am puzzled as to why he didn't fix it up himself and rent it out or sell it.

Remember, cap rates are just one piece of the puzzle.

I can't express how happy I am now to understand that piece of the puzzle!

Puzzled, she went to the back door and luckily it was unlocked.

So I estimated around $13k in holding costs (selling commissions, lender fees, mortgage if I have to hold for a few months, utilities, insurance etc) and followed the below formula.ARV ($183k) - Fixed Costs ($13k) - My Profit ($13k) - Repairs ($6k) - Contingency Fund (5%) = Sellers Requested Offer of $143k.Let me know if I'm missing a piece of this puzzle!

I find investing in real estate to be much like doing a 1000 piece puzzle.

I'm puzzled, why would you you do that rather than share publicly in this forum that exists for that purpose?