They don't buy it and operate it.

Verify with the city.Personally it makes no sense that an LLC would be able to operate without being onsite when it is required.The only thing that sticks out is the grandfathered in statement.

It should clearly state the operating income, operating expenses, and net operating income.

I think some min level of regulation benefits everyone, including wholesalers who currently operate in no man's land. 

I ultimately invested $65 cash, $5k in legal fees, and $9.7k in operational expenses while owning the home, and walked away with $17.3k after a judgement.What made you interested in investing in this type of deal?

Talk to other clients, go look at his current job site and see how clean it is, the quality of work, if the order of operations is making sense so far, etc.PS I'm a GC in the Nashville area and can take on a handful of clients in 2025 if you need me.

Cheers.Technically any bank can operate as an IRA custodian but they don’t all do it.  

I think if you have a little extra time, operating a smaller STR business can pick up some good income.

Most PMs concentrate on marketing, and at least somewhat neglect operations.  

It could be a game-changer for streamlining your operations.