Investing in real estate provides: positive economic impact by creation of jobs, the ability to increase property values, support to local population growth, and revitalizes impoverished communities.

Originally posted by @Wilson Pereira:In my last question, I meant to ask if there is anything that needs to be filed with the state or if it's just an operating agreement change to add new officer positions to the already formed LLC.The officers for an LLC are positions creation by the operating agreement.

The street is entirely multi-family, duplex to triplex properties.The 5 parcels include two side-by-side oversized parcels that can each be split in half to create a new "normal" parcel for a net 11 parcels on the street.This new parcel has enough space to construct a new duplex with parking/back yard/etc.With the sale of the original 5 of 10 parcels plus the creation of the 11th, if purchased this would give me control of 6/11 parcels on this street.

Perhaps I could clarify - putting a price on long-standing personal relationships is difficult, and all i was advocating was the creation of a professional appendix of sorts for an uncle-nephew partnership without over-complicating it with percentages this early on.

I have content creation experience and am planning to create videos and social media content around the flipping experiences.

I have never formally met Josh but he checks out online as a lawyer and I've spoken to him a couple times over the phone regarding LLC creation (which took long but finally made it through). 

I have read that the $800 fee  is due within 4 months of LLC creation, but would like to confirm.2.

It is literally the creation of the loan and establishing the secured interest in the property including the creation and agreement for the terms of repayment of amounts borrowed.  

This could be the canary for the US housing market, where we have witnessed fast growth and job creation.

Skill level to envy for wealth creation!!