Hi @Brandon MorganI'm a little late to the party here, but whether or not to get an LLC is something many real estate investors consider, and it often depends on your specific goals and circumstances.

Get a written quote and have a 3rd party contractor do the work.

No Sweat Equity: Repairs or maintenance must be done by third parties and paid for by the IRA.4.

Managing a property hours away can be challenging if any issues arise, but having a third-party property management company could help handle those situations and make things more manageable.I think you are in the right place to gain some insight on what would make you successful. 

I asked about 3rd party accounting.His response was it'll take 6-8 weeks at least for them to come up with a plan but the conversion to shares is permanent.

HUD recently has been liquidating these properties and the notes sold to 3rd parties.

The best part is the free CD is nothing more than a bunch of vague suggestions about how you can make all this money in real estate and vague bragging sessions about how he has been around so long and wants to give you all his knowledge before he croaks (paraphrased) Someday I will be completely immune to the crooks attempts at separating me from my hard earned money.

The broker is not a party to the sale. 

The sad part is that he still seems to be perpetuating the scam.

Sounds like I'm late to the party.