Plus managing tenants is a bit more time consuming with this model. 

The seller, frustrated with the process, was eager to sell quickly.Instead of seeing this as a deal breaker, the investor saw an opportunity.

Loaning to an LLC is much more difficult, conventional loans are out the window, and most CUs won't be interested.

there is no bank, no mortgage, and therefore no due on sale clause.if there is a mortgage in place, and you take the payments over, this is typically referred to as subject-to or sub2 and is much higher risk for everyone involved.

I'd make sure to run this by him too for a second opinion. 

Seeking a roofer to replace eight roofs in Granbury and Fort Worth, Texas.

While I’m new to the business, I’m eager to learn, grow, and connect with local investors, landlords, and fellow real estate professionals.

I am working with 20 buyers as we speak, however its way more difficult here in California and less VA/FHA inventory due to pricing. 

You might also want to do the math on a convention loan instead.

I’m happy to share my perspective on communities and home types in the area.