But anyway, my main goal is to support my KC client's interest there we will do fine on return on dollars, and we won't risk but a hundred grand at any one time so if we get stung it will not be life altering.

Can an operating agreement be altered after the LLC is set up?

With the required minimum down payment of 3.5%, that would be a purchase price of $129,500.Or, perhaps you mean they're approved for a $125K purchase price, which would translate to a $120,625 loan amount after the down payment.Please clarify which of these applies.

I almost had to reach for my Bill Gulley translator AGENT Will Barnard again!

If it's an REO they have to "underwrite it" (making sure they have everything they need), upload it into a system by translating a bunch of information from the RPA to the system the Seller wants and they have to follow up with offer (acceptance, rejection, counter).

[HOWEVER, as Steve Babiak pointed out - any state can alter those rules to close a loophole (in this case PA, I don't know if any other states do this or not.)]2) The county often re-assesses the tax value of property when it is sold.

Add up the numbers and you'll find that, in most cases, you'll be able to make a lot more if you invest your money in money-makers and keep renting - plus, you'll be a lot more flexible and be able to freely upsize/downsize/otherwise alter your living arrangements by simply moving to another place.

@Dave T Hi Dave, sorry, my joke/sarcasm did not translate well! 

Keep in mind that the current incentives are subsidized, so while they may benefit the purchaser, that subsidy trickles down and gets passed back along to the masses.I strongly suggest that you research this heavily before proceeding and understand what a correct installation equates to and if the project can accommodate such... otherwise, you may only realize a portion of the system's ability.As for recouping the investment, this too should be researched... it's my understanding that the ROI takes a very long time to realize... and if I were buying a property with solar, and the price was increased because of it, I'd want to see documentation showing reduced kilowatt consumption and that usage translated into dollars.  

It's generating about or very close to 12% COC.You or your alter ego  who deleted your previous account stated that your "Austin properties where worth near double", please enlighten me on your Austin area investments that are worth near double ?