Many investors start with personal ownership and transfer the property to an LLC later, but it depends on your long-term goals and risk tolerance.

Your understanding is generally correct, but it's important to distinguish between assignment (where the wholesaler doesn't own the property) and double closing (where the wholesaler temporarily takes ownership of the property).

I’m excited to connect with others here, share insights, and offer assistance wherever I can.

Thanks for sharing Constance Kang .

First floor has a newer furnace (2016), two units upstairs share one furnace.  

Hello BPs community, thank you in advance for any thoughts shared.

Awesome deal, thanks for sharing!

I'm currently working on a project there and have shared my knowledge about the country here too.

Of course there are other great areas in the Austin MSA depending on your strategy and risk tolerance.Let me know if I can answer any questions or share my thoughts on any other topics.

Hey Bob, thanks for sharing your experience!