LLC's main benefit is from a legal perspective.

If there’s specific projects like electrical we get a project specific estimate after we put it under contract prior to the earnest money going hard.

You can legally change or cancel a contract if all parties agree. 

Both Conventional loans and DSCR loans can offer this flexibility, depending on the specific scenario and borrower qualifications.

I understand this is not a requirement, but I have never received a damaged unit from an inherited tenant or any legal issues.

JoelIt seems to cater specifically to agents. 

What specific questions do you have?

Both my wife and my background is in manufacturing, specifically operations, customer service, and project/account management. 

I didn't want to list this under Scenario 1 as it's redundant and whether or not having more control over your down payment is a pro/con is pretty case-specific.3. ???

Any HML will want answers to those questions plus a rehab budget before getting you a term sheet for a fix n flip loan for this property.I close these types of loans all the time, if you have any specific questions about the process don't hesitate to reach out.