keep in mind not all real estate has value. you take some little 2k population town out in the plains 2 hours form major employment center and those are common numbers.

@Nicole CrippenJust plain bad...horrible service, crazy service fees....if you enjoy profitability you need take my advice.

The language looks somewhat similar to what was comically know as a plain language form policy but not exactly the same.I could see your LLC as possibly fitting into the "the trustee or successor trustee of your trust or any estate planning entity created for you to whom or to which you transfer title after the policy date" definition depending on what you're trying to accomplish with the LLC, but I wouldn't bet the farm on it.One last thought, is the property not in the US? 

I sent a plain, hand written letter in a regular enveloped that expressed my interest in buying his property.

None of these proposals would affect me or most others one bit.And for the statement that only D’s are harmful to real estate investors well that’s just plain ignorant.  

You start running into more homeless squatters and neighbors being loud, drinking, and smoking weed in plain sight.

I found a single family foreclosed house for a good price, but it is located in a flood plain.  

morning @Cody JensenPersonally I don't as it limits your exit strategy, plus the potential headaches of water (regardless of whatever years the flood plain is) if you keep it as a rental. 

Hiding in plain sight.You mentioned "Rents were pro-forma based on "market" being a reoccurring issue you ran into.  

Experienced investors aren't so easily misled as novice investors, and BP has an abundance of experienced investors who are prepared to challenge any misstatements and junk that get posted in the forums.The idea to only bid on what others have bid on is just plain wrong, and can be deadly.