How do you prepare the property efficiently without running up a huge bill since you do not know whether you will be having a renter or buyer?

Low income people have different values; don't expect them to appreciate the same things, behave the same way, or take care of things the way you would.  

If it is or not, what should the rent be? Have

We have a BP facebook group check us out were going to be having a meet up soon. 

I want to make an offer on a REO using a LLC (or whit a S Corp ) as a purchaser, once they accept the offer I will sign on behave of the LLC in order to get the contract, now that I secure the deal I will talk to my possible partners (I have already 6) investors to join me and I will let them close using the same LLC but at this point I will transfer it to them for a finder´s fee plus we will draw a JV agreement in which will state that we will split the profit at 50% on this way they will have the security on been on title and I will get the security of gaining my profit.Can this be done on this way  ?

I've had credit for less than a year and haven't filed income taxes yet, my first filing will be for 2015.This way I will have the income, experience, business history needed to get loans and show operating capability, and I could use that company for all our real estate transactions.Another advantage would be having the manpower to purchase buildings and keep the management "in house", while at the same time having some income from the existing management  contracts they have in-place.I am looking for a company with at least 5 years in business, cash flowing 300-400K, healthy financials and no debt.

The damages exceeded $2000 dollars.Since then, we have made it very clear that children must be supervised and we expect parents to take responsibility to oversee that they behave well and do not break any of the property rules.

You still need to behave with care.The structure does help you appear more professional and comes with some significant tax benefits - so it is worth while.Once your personal name is in public records as owner of a property, it will always be public.

Only thing off on that for me would be the rehab draws, the lure of that deal over just borrowing (for an experienced guy) would be having zero cash outlay and doing more volume, so putting up $10-$20k before the draw would negate the appeal.  

I seem to be having problems pulling up county maps and property locations.