There are a lot of market-specific issues you'll have to grapple with and also, there are plenty of landmines in MFR on its own in CT that you'll have to be ready for, in addition to the nuances and complexities of developing something like this.

Additionally, I am beginning to believe you don't live there to be the "house monitor" as this seems to be going on for a time period. 

While that kind of income is not a deterring factor, when I looked over the terms of service many big red flags came up.

One of the biggest factors in successful flips is building a strong team: contractors, agents, lenders, and property managers. 

Additionally, Mr.

Debt is rarely a factor in their issue. the ultra wealthy I know  with a few exceptions have very limited debt.. to no debt. 

Just another factor to consider - if you want to keep your monthly payments the same, do not under any circumstance swap the debt over to some other debt instrument.

Any additional will be refunded a few weeks after the auction. 

Several factors indicate the company is not that concerned about efficiency or ease of customer process: the website, a process that seemed to focus on one issue at a time instead of all issues at once, and consistently poor communications and lack of common sense from the loan analyst we were assigned.It started off very well with the initial point of contact, Austin Lornson, who did a fine job of explaining the general refinancing process, responding quickly and thoroughly to our questions.

In addition I heard that is better having one LLC for each property and one for management only.