The parent LLC will have an umbrella company agreement or operating agreement that will state the company is authorized to create specific series. 

My first recommendation is to check your state laws regarding wholesaling.

We’re one ofthe few property managers that require W-2’s and a bank statement and we go way beyond the traditional, “income must =3x rent” qualifier.Below is more information about what our Applications Department does to screen applicants and find the best tenantspossible for your property.Required InfoWe require the following from each applicant over the age of 18, that is not a dependent of anotherapplicant (as evidenced on a tax return):Copy of acceptable state picture IDRecent YTD paystubRecent W-2Recent Bank Statement, all pages, no info blacked outRecent tax return if self-employedApplicants are often slow about turning this information in, asking us why we need it and then takingseveral days to submit.

I have previous experience with buy & flip as well as a rental, but that was many years ago in a completely different state & market. 

@Alex Ng  Not sure if you're local to Birmingham, Alabama, but if you're an out-of-state turnkey investor, tread carefully.

But I recently purchased a triplex in Tucson, Arizona, which I plan to manage from out-of-state.

I had the impression that you were just scouring the map on Zillow, saw homes for $65k, and thought it was an out of state market worth pursuing. 

Keep in mind the occupancy limits in the different states here. 

As a Banker I usually get my customers approved for their construction financing and then offer a builder who we already have approved in that State/County.

I live in Manhattan and I invest out of state.