To some extent, I am surprised there is not a condemnation sticker on the house yet.So the homeowner didn't have insurance, did private lender have forced place insurance on the house?

The problem I have been encountering is finding the owner of the property.  

Hey all, I've been asking a lot of questions because as I expand my real estate investing I am encountering more and more situations I don't have experience in.I found a property that is listed on Sheriff Sale for this coming September auction.

We're deciding that rehabbing the home may be best, as I feel the area is encountering an "upward growth".

You may certainly get better results than me due to how many potential sellers you will encounter.  

I am starting out on my buy and hold journey and have encountered some interesting turn key "opportunities" that appear to be great for new investors.

Once you reach that point its the price not size.Here's an example of Summerville, SCI have a 3 bedroom 2bath town house that is 1800 sqft no garage and rents nicely for $1250 sticker price $125kI have a 4 bedroom 2.5 2300 sqft with 2 car garage in the same neighborhood that I am buying.

This tax consequence will depend on what the other members are contributing and the amount of equity in the property contributed.You will also probably encounter transfer tax issues deeding the property directly to an LLC where the title holder on the property is not proportionate to the membership interest in the LLC.

I'm new and I'm almost clueless about so many problems you can encounter as a landlord.

Many of these issues happen on short sales, so if you just farm the negotiations out without having encountered them yourself, you can have doubts about the veracity of your negotiator when they address these issues with you.