Scott Johnson refuses to comply with an arbitration and non disclosure agreement with us, we have offered him to enter into binding arbitration, which is required per our terms of service and agreement he signed. 

However, this means you’ll need to comply with the annual filing, franchise tax, and reporting requirements in both states.

Do to the state mandates that require 100% reserves in all categories, combined with the rising cost of their neighborhood insurance policy, my strong recommendation is you find out what further anticipated spikes in association dues & if any possible special assessments are looming.

The key to this is finding a HML that doesn't require access to the property for an appraisal.

In addition, the Grantor will probably be required to sign the same seller's affidavit that are needed for a non DIL closing. 

For example, places like Illinois and Oklahoma have specific rules requiring a real estate license for certain types of marketing.This specifically for flipping land using Transactional Funding.If you’ve done this before, what states have you found to be friendly toward this approach?

Are we required to pay FICA tax on the deferred income? 

The states that I know require you to try to mitigate your damages if a tenant breaks a lease early.

For example, a $200,000 property might require $2,000–$4,000 per year.

The practical reality is wanting to get started in passive investing with lower dollar amount minimum requirements.