Getting Fair deals on labor and repairs comes from developing win/win relationships with contractors.

You look like the kind of person who is going somewhere.

I personally use Quickbooks online and have a virtual (remote/nonlocal) bookkeeper.

This might give a one-time (non-scalable) boost to cash flow, offer multiple value-add options, and allow the house-hacker peace of mind, via the assumed mortgage, in long-term breakeven or positive cash flow in the event that the value-add plans end up not being executed, and/or the person has to move out, and rent by the room or STR become unavailable for some reason at a future date.

Personally I am thinking 1c.

NOTE: an aggressive attorney can still track you down.LEGAL PROTECTION: By placing your assets in an LLC, you legally separate them from your personal assets.

I think they meet in person, but not sure it may be on zoom - they are not members of MAREI, so I don't have all the info - they do post their meeting on Meetup.And there are a lot of virtual meetings, plus MAREI events on our calendar. 

I’ve built strong relationships with local agents and other investors in the Hamptons, which helped me discover this off-market property.

If the agent is their own broker and a sole practitioner then you need someone else to decipher the agency relationships that may or may not exist.

To avoid unnecessary liabilities, delaying acceptance or exploring a cash alternative may be the safest financial option.This post does not create a CPA-Client relationship.