I am contemplating on whether I must set up an LLC for all of my properties as I do want take advantage of the umbrella insurance benefits, but uncertain about tax implications.

I've heard it can go a long way by being polite to them; addressing them as Mr or Mrs; & finding common interests...all salesmanship.I also know someone who has better luck when his wife meets the inspectors.Well, I got a hot wife, who actually knows a bit about rehabbing (has a degree in interior design & worked for a granite wholesaler) & am contemplating her meeting the fat slobs chomping on a cigar.Has anyone had any success in inspectors letting things slide using this method?

If the sellers' interests no longer align, he or she needs to be informed of that and to plan for a dispute, not a closing.If there is a pending or even contemplated divorce the attorney representing OP in connection with the divorce can step in and tell everybody to back off... there will be no closing... bring your lawsuits if you must, but you'll be wasting a year or more watching this shake out.

Next turnover, I am contemplating getting a 5gal bucket of ceiling paint and hiring a guy from craigslist or thumbtack and painting all the walls, ceilings and trims white.

I am currently contemplating whether my next step will be to purchase another oos property , or turn my garage into an ADU.

BP Forum,I’m purchasing a SFR property at an all-cash foreclosure auction through an LLC (single member, disregarded entity) with the intent of transferring this property to myself for use as a primary residence, and working to determine what type of financing solutions post-auction will be possible and most advantageous for cashing out/recouping cash while providing longer-term financing for the property.Below is a deal overview, goals for financing the property and pulling out/recouping cash from the initial all-cash purchase, contemplated scenarios, and questions I’m seeking answers to for this situation.

Civil suits No action or suit shall be instituted, nor recovery be had, in any court of this Commonwealth by any person for compensation for any act done or service rendered, the doing or rendering of which is prohibited under the provisions of this act by a person other than a licensed broker, salesperson, cemetery broker, cemetery salesperson, campground membership salesperson, time-share salesperson, builder-owner salesperson or rental listing referral agent, unless such person was duly licensed and registered hereunder as broker or salesperson at the time of offering to perform any such act or service or procuring any promise or contract for the payment of compensation for any such contemplated act or service

So if you are contemplating on building an ADU, it doesn't hurt to start planning early.

Hoping Dave is still in the 1031/QI space and can advise (and prospectively execute) on an upcoming exchange.If the new subject property is not yet owned and is contemplated for new construction of 1) Primary residence SFH and 2) ADU Rental Property can 1031 funds be applied specifically to the new build expense of the ADU? 

I'm sure I'll be asked why, it's something I'm contemplating because I'm losing faith in my realtor. 2 of the past deals I've inquired on I feel I've been blown off.