However, you can file Form 8832 (Entity Classification Election) to change the LLC’s status to a disregarded entity, provided you act promptly.If you don’t make the election, you’ll need to file Form 1065 by March 15, 2025, adding complexity but retaining the same tax benefits, such as deductions for depreciation and repairs.

In my experience it is common and customary for the landlord or builder to provide TIA, tenant improvement allowance, to the tenant to assist if not cover the majority of the internal buildout. 

We’re still waiting for next steps on that one re: borrower repayment or foreclosure. what type of returns do they provide to investors?

Contact the utility provider and get a historical average based on the last year of use.

Their pro formas felt optimistic with providing 6% annual appreciation and property management that is only about 6% of rent so I take it with a grain of salt (they offer their own property management services but it has terrible reviews on Yelp so I would probably go with someone else). 

I provided a free rent back for 2 weeks so the seller could get her funds and relocate.

Partner Driven provided 100% of the financing, covering the $77,000 purchase price.

if i were to acquire these and have them be owner financed, I would want clear title and the other mortgage on this lot removed - especially if my loan has a balloon on it that matures prior to the existing loan, as how would to provide clear title?

Usually you can find this online.#3 Chances are you will never buy a $500,000 property for $30,000. 

It separates your personal assets from your business, providing a safeguard if any legal issues arise related to tenants or the property.