Some markets are better for notes then holding and vice versa.

This way your personal assets can not be taken to fulfill a judgement against an entity and vice-versa.Yes there are tax implications, financing implications, and legal implications to every variable there is.  

Jennifer - If your buyers are putting in inspection contingencies, then naturally they should be offering a little more and vice versa, I would think.

Vice versa, potential sellers are going to know other people that might want to sell their homes.

And vice versa....what do I say in the beginning interaction with the seller?

@Marcus Auerbach wow I didn't consider that actually, this actually keeps them committed to your projects vices waiting for them to finish on another job.

If there are legal issues in your personal life, they shouldn't spill into the LLC, and vice versa.

The problem with the BofA model favored by the "Assistant Vice President" Peter guy is that it's basically "we're going to screw you unless you force us to give you a fair deal."

They bring the deal you bring the buyer or vice versa.

Now let me tell you NEVER (unless you get an awesome deal) as an investor buy in a sellers market because you will always be competing with a bunch of people trying to buy the house to live in it forever, you are trying to make a profit so you need to buy when noone wants the inventory and hence you can negotiate price and get the best deal, we buy when prices are low and sell when everyone wants to buy not vice versa..On the flip side houses go on the market every single day regardless of low or high season so i would say deff wait for your low season.