S&P500 index is propped up by about 7 companies that make no material value with P/E ratios of about 3% for the market average.

I believe your loan could get called if you transfer ownership to an LLC without consent of the lender, especially a brand new LLC that does not have two years of tax returns.

If he needed something beyond the standard business forms and Schedule E, I could give him limited access to my Baselane portal, just like my bookkeeper had limited access.

You can easily tag each transaction using categories that synch to your Schedule E for tax time.

I will do e exactly how you said,  will wait and study.

Once you think there is no law pertaining to the activity then the work begins this is a belly to belly business your not going to do this on E mail and text messaging .. you will need to be able to sit down with these folks or it will never happen.

Square footage is roughly 1600 sqft.Could use minor cosmetic rehab on the outside to make it look pretty, inside is brand new however. 

Brand new everything else, including septic system too.

I would definitely hold it until conditions settle down a little bit, with that loan and interest and being brand new home your cash will be good.

I highly recommend working with him, but only if you're willing to put in the effort to build a business and though leadership brand!