This is the sort of repair I'd have done myself.

Is there a profit motive.

There are 3 identical lots next to mine (with motivated sellers) as part of the same development plan.thanksKen

This gives me even more motivation to get the place rented as I race the agent to find a quality tenant and save myself their commission.

A motivated seller only cares about can you close.. or perform.

But, I'll give y'all a quick story that will motivate you.

Wholesaling: Finding a deal, negotiating it down until you can make you're cut and are able to make the numbers work for an investor, who will flip or buy and hold.flipping: finding distressed (beat up or dated) properties, buying them cheap, renovating (flipping) them and selling them on the retail market.Short sale: someone who is upside down in their mortgage and is very motivated to sell, requires banks approval on your offer.There are many aspects of investing, some people on here invest in mortgages (buying them and being the bank), hard money loans (lending money to people who don't qualify for whatever reason at a bank), buying tax liens, buy foreclosures at the courthouse steps.

It would make a great primer of sorts so we don't keep rehashing the discussions over and over.Anyways, you can do as Mike suggested and do the land trust with the LLC beneficiary or simply transfer the property directly to your LLC.

Thanks, but lets sort out these questions" would have been the proper response at closing.

-$86/month is not the end of the world I guess but can be a deep cut for someone / some sort of advantage for you Scott W. should be you own anytime this condo without any debt, so you learn the hard way-Uwe