If it was my property I would not act on any of your requests without EMD & I'd advise my seller clients not to act or even sign a contract without consideration from the buyer. 

Because I have a 22-year-old student in NYC who’s succeeding at this.And I have another student who made a $700K assignment fee in Beverly Hills, California.Can you imagine if Myles, came to you for advise BEFORE he came to me?

I would never buy something myself or advise a client to that loses $1000 a month.

Thank you everyone for the guidance and advise on this one!

Hello, I am looking for advise on the proper steps to purchase an upcoming foreclosure estate property from the executor. 

I'd find a mortgage broker who understands your strategy well enough to advise on products designed to help you scale. 

@Jesse Jones-Smithhi. i tend not to advise people on personal residence items because... it's too personal. so i'll just pick one thing you mentioned and provide a comment. 

Since this is our first property, is it advisable to use a single LLC for both personal asset protection and holding the property, or are there reasons to consider a more complex structure?"

I was just approved for $235k on my primary home and I have no personal debt.  Terms are 9.5% fixed 10 year, Interst only with 20 year ARM.   Fess about $8k.  Is this worth it?   I want to have the funds available to ...

There are short-term rental management companies that can help with that.One that I work with in Michigan covers the entire state and can advise on local short-term rental regulations or regulations that may be on the way, they can give you an analysis of the demand for short-term rentals in that area, nightly rates in that area, monthly occupancy percentage, and projected monthly income.They also let you choose the level of service you would like from them from full service to minimal.To your success!