It's a good thing I did because the Realtor told me if I hadn't I probably would have never received an offer.It took about 2 1/2 mos to get all the work done.

Why spend money when you do not know what you have received in return.

Tell us more about the feedback you are receiving.

No, you will not receive the same rates in the commercial side as you do on the consumer side, but that is the price of growing and success, as you said!

Now the repairs estimate I received from several contractors all at or around $20k.

If you are buying FSBO then you can explain how they are saving money, etc so the net number they would have received if listed is similar to the number you are offering.

Granted the liability protection of a series LLC has not been test (too new) so how much added value you receive is to be debated.As a general word of caution.

Thanks for the detailed information James.By the way, if the REO property is not yet been list on the MLS .. and the information I receive which also include the beneficiary ( I supposed this is the bank who now owns the property ) .. what is your suggestion as best to approach these instances.

Or WaMu might have received the loan back when the default happened given the bond pool terms and conditions.You need to chase the details.

I'm hoping to find more information about a seller receiving a 1099 and being responsible for income taxes for the difference between the sale price and the outstanding mortgage during a short sale.