This means looking for a lip stick project that can be completed and resold in 6 months or lessThe formula in a perfect worldFix and Flip a home- Make $25K to $50K (Yes you'll pay short term capital gain tax); Repeat the process 3 times; Now you'll have an additional $75K to $150K added to your $80K of savings.

Starting small with solid fundamentals and not waiting for the "perfect" deal was key to getting started.

perfect timing!

I completely agree with the advice and I'm perfectly okay with not charging him rent.My concern is that by treating this property differently from all the other units in the Series LLC, I may be opening myself up to a situation where I'm weakening my LLC protections even if I keep the financials separate and in order.

Or any tips for mitigating risks when market timing doesn’t align perfectly?

I am not looking for the perfect deal, I just want something that will improve my financial position better than just dumping all my money in a high yield savings account or something.I don't need to live in the nicest place.

No house is perfect.

The basics of a seller financed deal are that the title co or closing attorney (if there is one) or seller’s attorney draws up the warranty deed transfers title, the promissory note evidencing the debt related to the transaction, and either the deed of trust or mortgage (whichever is being used) perfecting the lien against the subject property.  

You and I know firsthand that things are far from perfect in Mexico (are they anywhere?). 

It has helped considerably but isn’t perfect.