If there is paperwork that needs managed, it’s the LAIC’s responsibility to manage it, if the owner doesn’t.

Sellers rarely mind the low deposit and extended closing period due to the nature of the property, or at least they can be made aware of the fact that their lot has issues that will take MY time and MY money to solve and then they come around.My terms on the flip are: Minimum 10K spread between purchase and flip value.  1-2K deposit upfront to hold the property for 7 days then the deposit becomes non-refundable after the 7th day and the buyer has the same amount of time that I originally negotiated with seller typically 8-12 months(its a purchase contract but because of contingencies its essentially an option).  

You’ll need to find a GC on board with the extra paperwork and a seller willing to accept a longer closing time.   

I've owned this house for 2 years.The Costa Rica attorney I've been using says that I need to get another Power of Attorney and is quoting me $600 to do the paperwork for a power of attorney.The price seems steep and I'm not certain when I need a new power of attorney when I paid for one last year.   

Most agencies are slow to process paperwork, have a lot of bureaucratic red tape, and it is difficult to get them to respond to inquiries.

Quote from @Tom Gimer: @Jay Hinrichs We essentially have an in-house abstractor (Salt Abstracts — MD; M&M — DC), so when I REALLY need it I can have title in ~1 hour.I try not to be that demanding often but it’s a nice resource to have access to. not everybody has an abstractor on Speed dial LOL..

Forming an LLC might give them liability protection and a more formal business structure, but it's not essential.3.

When buying sight unseen, it's essential to get the complete picture.

For management, self-managing saves costs and teaches valuable skills, but a property manager is essential for out-of-state properties or scaling your portfolio.

You will essentially be buying deals from yourself and you can still assign a contract from one company you own to another.