Florida is a judicial foreclosure state, so the process can take for-ev-er, but they do happen eventually and once they do things move quickly.

And the cost of renovating with the additional Boston complications can turn your cash reserves into smoke. 

It's not really that complicated. 

But, if we made the deal too complicated, my daughter would not feel like she can go out there and do these deals all by herself.So sometimes it’s better to give up a little profit to help a young person gain a lot of confidence.

Dylan,A lot of these questions really can only be answered by yourself understanding the pros/cons of LLCs and what you intend to do, and how complicated you want your structures to be.Your 1st question is a bit more straightforward.  

Further, the talk of strategy itself over complicates the collection process.

The more complicated the calculations to determine the split, the more there is to fight about later.

This deal was a bit more complicated and I probably shouldn't have done it. 

If there are historic features with the interior, that may complicate the process.First thing I would check are zoning ordinances. 

Judicial versus non judicial and comletely different rules and procedures.Second...shouldn't be a correction...the original post related to bidding at foreclosure.