Check with your mortgage broker (not with a bank).Check in with @Chris Mason: He should be able to be more precise (and correct.)https://www.biggerpockets.com/... 

Then follow the LLC precisely or it's "your bad".

the biggest and most successful real estate investor that I know is either they are coming from tech/medical (like doctor) industry that heavily put their saving into real estate meaning they have extremely succesful w2 career active jobs , some of them are CEO or founder level ORsomeone that's very heavy on building/construction and re-invest into real estate with precise calculation.

Also, you might want to go further and describe the units with more precision, such as "123 Main St., Unit A, being the East 75 feet of Lot 1, Block 1, etc." and "123 Main St., Unit B, being the West 75 feet of Lot 1, Block 1, etc."

This thread involves a potential contract claim and yet the precise contract language has not been provided. 

As a result the possibility of lawsuits is very high if the entire contract is not set up to precise standards.  

There are most likely less buyers then but also less sellers.That's precisely why in my calculation , the flipper should do more business differently.In expensive appreciation market with low vol transaction it is best to buy in Dec 2014 (for example) and sell it at Feb-April 2016.

Some have the mentality and not the experience and others when they get the experience get the mentality. precisely

I invest $5-10K per deal in passive real estate syndications (which you can do as a member of an investment club, and the precise reason we launched our Co-Investing Club).

Sorry to say but this is the precise reason why there's racial segregation in US related to housing.