As usual on BiggerPockets, folks give tips that overgeneralize and pertain only to their specific real estate situation.

@Anthony Wick this would be a flip, my main concern is whether the new laws pertain to the squatters and would delay my rehab and ability to turn the property around for a profit quick.

@Derek FikeIt’s hard to say at the moment due to the fact that there are some unanswered questions pertaining to your current financial situation to narrow down a market based off your buying power/credit scores to help determine what loan products or funding sources to target/ along with how much experience do you currently have and what’s your long term goal(s).

I was you and ignorant as it pertained to the market and how to see the benefits of the its condition back then. 

I'm in desperate need of a Scope of work and contract needed for several jobs I have coming up (if anyone has any pertaining to Michigan, it would be helpful, but not necessary).

I’m a real person and would just like to know without being notified of this post pertaining to things I’m not interested in.  

I have been trying to learn more about wholesale and have found out that there are two camps pertaining to this subject.There are people who believe that wholesalers are a necessary part of the real estate ecosystem while others think wholesaling is an immoral cash grab by opportunists.I want to be ethical and aboveboard throughout the process of the deal by telling the listing agent I am in wholesale before I start asking questions about the property.

Second, there is nothing better than doing the books yourself so you can set up systems that work the best and so you have hands-on knowledge about everything that pertains to the business.Here is a short story about wives should not do the books even when they claim that are bookkeepers when that are not.

@Brian Ellis Congratulations on the change.It appears you've approached this change very intelligently already, I always recommend people read So Good They Can't Ignore You - Cal Newport and more importantly, follow Cal's advice pertaining to big job changes and you're already doing that.The biggest negative change I had to get used to being self-employed is getting familiar with the massive chasm between gross income and net income when you're self-employed.

hello donna, please refer to a knowledgeable real estate attorney in your area, each state from california to NY has different rules and bylaws for operating an LLC, but the question you asked pertaining to 'domestic llc' is more or less an domicile reference, if you operate in the state that you have set-up your llc you will be operating as a domestic llc,  if you will be conducting business in another state you would be referred to as 'foreign llc', please don't take my advice and run open an LLC domestic or foreign until you talk with someone locally who is more qualified than me, *****i am not an attorney no present myself as such**** always due your due diligence i hope this helps keep posting but most of all keep sharing good luck