They directed me to consult with a CPA or tax planner.

You should consult an attorney or CPA for your specific situation.ANONYMITY: When you create the LLC, your name is recorded on the documents and published on the Secretary of State's website for all to see.

I’d recommend consulting with a lawyer who specializes in contract law to understand your options and how to protect yourself moving forward.

Ensure they send pictures and reports so you can monitor progress.4.Hire Trusted Contractors: Work only with contractors who come highly recommended by people you trust.

Consulting with a tax professional is advised to ensure compliance and proper handling of deadlines.This post does not create a CPA-Client relationship.

@Robert FrazierUnfortunately, you will find those consultants at every level and aspect of development.

You can file paperwork yourself or as others have stated, hire an attorney.Typically, you'll want to have a notarized affidavit filed or writ of possession issued and signed by a judge.This can vary from jurisdictions so if you are unfamiliar with how to move forward it may be best to consult legal counsel.Legal counsel will typically cost in the low thousands after filing fees, processing fees, attorney fees, court costs, etc.

One thing I did note is my insurance is $3K a year lower due to the monitored fire suppression system in these larger properties versus my smaller properties that sleep 12 or less built close to the same time.As someone who has lived in Illinois twice, the politicians there don't care if people burn as long as they can tax and spend. 

For more accuracy, consider using a rehab estimator tool or consulting a contractor.To determine the After Repair Value (ARV), research comparable properties (comps) that have recently sold in the area.

I've learned that the unexpected always happens, whether it's delays or unforeseen expenses, so having a system in place to monitor finances regularly helps make adjustments before they become bigger issues.