I subsequently rewired the entire home to upgrade all the circuits to code.

Ask for an ALTA 34 endorsement covering the risk and guaranteeing the title insurer will re-insure a subsequent transfer.

Preparing for subsequent negotiations and due diligence, this is the initial stage of the buying process.You will rapidly become an expert at spotting lucrative offers by implementing these tactics.

I thought I'd start out with a more straightforward buy and hold to get familiar with that aspect at least, though I'm having a difficult time seeing how I would finance subsequent deals if I did this so am also looking at BRRRR options when I can. 

I am offering seller finance on an investment property (with balloon payment for a short period of time) because of the current high mortgage rate, since I cannot subsequently 1031 the balloon payment when I receive them in 3-5 years, any tax defer strategy that I can use in this situation? 

Just to note; It seems that the state of Missouri has no contractor licensing requirements, subsequently the barrier to entry in low.

If they had done so they would have seen that by the end of the year there was a vaccine, many businesses were reopening and supply lines were starting to restore, and there simply wasn't any reason to crater rates.

Much of the public IMO has not caught on, but as it becomes common knowledge that 5% down conventional works on 2-4 units, expect a bump in competition and subsequently value.

5) Given your experience, would you say that obtaining a mortgage in your name, and subsequently transferring ownership to the LLC is a better or worse choice than obtaining the loan for the property through the LLC?

Rents just haven't caught up as property values, and subsequently property taxes, continue to rise.