Is there a reason that you need such a complicated structure?

A purchase agreement is a waste of time and energy and complicates the issue for Harry Homeowner.This is not a beginner strategy as there are federal laws concerning approaching debtors who have been given a notice of foreclosure.

The loans were varied and some were able to close sooner than others and they wanted to close before the others but we held out because we needed to close all of them at the same time to avoid any last minute standoffs or complications.

So this might also complicate matters significantly as I would probably need to add both an additional well and an additional septic in order to truly split these into two separate properties. 

Hi Guys...1st post, although I've been following BP now for a year. I appreciate the willingness of the group to share knowledge and am learning a lot via the postings and videos.  Thank you, first off.I own and live ...

Signs of this are poor lease quality, maybe M2M tenants, high expenses (unnecessary things like high trash bills, internet, cleaning, security).

this is a specific need you have and maybe there are attorneys here on BP in NY that can help, but having worked with jurisdictions before - with it being early december - these officials do not move very quickly so hopes of closing before year end could be complicated.

Here's some generic LLC advice to chew on.Warning: I am not an attorney, and this can be a complicated topic.

Real estate's low liquidity can complicate required minimum distributions (RMDs).

When I go through with this strategy in the future, I will be doing a thorough vetting process to try and avoid unnecessary headaches.