Saving a few bucks here and there doesn’t really matter in the grand scheme of things.

Answers: 1) Too much longer, and 2) 100%.Time is money, so I cut straight to the chase and remove the agency risk by rewarding him with what he would have tried to scheme me into anyway, save possibly thousands of dollars, a great deal of time and undue stress, and end up getting to property.If I have to pull this out of my play book (which is not that often), I do so without hesitation.

Contracting too early with a seller on land like this is often a mistake until you have all the ducks lined up, then present the entire project scheme and use subordination agreements instead of buying, as lots are sold the seller gets a higher price.....depends on motivation and time frame of the project. :) 

I've seen this scheme where a house with little equity gets sold to a buyer with bad credit and little cash.

If the walls did not have to be painted, but updating the color scheme might be considered necessary to get your property rented with the shortest period of vacancy.

But to have this as a Scheme its just not going to fly,As for transferring the asset that's as easy as filing a deed from the one entity to the other.Regardless the mortgage stays in your name until its paid off just because you transfer title does not transfer the mortgage out of your name.What you might want to do is focus your energy on trying to find owner carry back Seller contracts.. those you can do anything you want with and its legal.

These schemes seem to be nothing but ploys to sell you something based on paranioa...

To be honest though in all these years I have only had one house trashed and have had zero evictions so in the grand scheme it has not all been too bad.

If the sole owner(s) of the LLC are living in the property you can have issues, if it's rented, probably not an issue.There is also the catch all aspect in the SAFE Act wrapped in the Dodd-Frank blanket, that the Act will be applicable to any method or scheme devised to avoid compliance with the law.

@Ophelia Nicholson That sounds like a pretty good color scheme.