Sorry Katie, nothing personal, I'm sure you're a wonderful person in real life, but by tying up this sellers property for 90 days with no buyer and no plan to legally sell the property for them, you could end up putting the seller in a worse position than they'd be in without your involvement.

Hopefully someone with a stronger intellect with spreadsheets will comment on that aspect.  

Even still that much cash tied up in one property is losing you opportunities on multiple other real estate investment deals.

Then you'll have a much stronger position to negotiate from when attempting to obtain private funding. 

You don’t have to be as strict as a traditional lender, but it’s wise to check their credit score, employment history, and income stability.Flexible Terms for Stronger Buyers: If a buyer has a strong credit history and steady income, you could offer better terms (lower interest, smaller down payment, longer balloon).Tighter Terms for Riskier Buyers: For buyers with weaker credit, you might require a higher down payment, a higher interest rate, and/or a shorter balloon period.6.

The reason being is that their own funds are still secure and not tied up in the deal.

Not an attorney, nor a CPA, and I don't play one on the internet, BUT, things to consider if you would want to run revenue through your LLC...The LLC would need to be tied to the property in some way, either as the owner or manager.

I have not seen 4" copper waste lines but I have seen a lot of drain lines from sinks and bathtubs that are copper and that eventually tie into cast iron.

They also are not tied to the 35 non accredited investor limits.

I've accumulated a bit of capital and I'm trying to figure out the best way to appreciate on it; and real estate always struck me as a good option—a true classic.I'm from Europe, but I don't really feel location tied in terms of investments—I wonder actually, do many of you do business internationally?