When you don’t have deals closing left and right yet, it’s easy to question if you’re even moving in the right direction.

Out of the blue yesterday, I get an email that they closed my account. 

Will the title company put this property under our LLC name, and won’t be required to legally inform HUD/tax authorities. - will it influence property taxes once we move to conventional loan in 3 yrs? 

We closed and the Dundee property was listed for rent late August.105 days of vacancy, three rent reductions, and two PM teams later, I’m stuck with an unrented property that, once rented, will cash flow negative each month (and that’s excluding the cost of the 100+ days of vacancy).I later learned that the initial PM team I was paired with actually did not have any experience with RTR.

Which is better way to legally structure the properties for protecting assets against tenant lawsuits.

Purchase price: $63,000 Cash invested: $23,000 bought for 63k as part of a 2 property deal from my handyman. 23k in it in closing costs and rehab.

I would network in person or in FB groups. 2-3 months to close is crazy.

If my assumptions are correct - documented 4point issues  (electrical, HVAC, roofing, plumbing)  will need to be remediated in order to close. 

Trying to find that deal is close to 0.

In addition, they connected me to the preferred lenders who also helped with closing on the property within a short period time.