It got really complicated. the other $1000 in damages was from a busted faucet on my washer connection, totally separate and totally sucks!

It's not really that complicated to buy out of state.

However, this option comes with a number of potential complications – both financial and emotional – that need to be considered.Financially, you’ll need to inform your mortgage company when your home stops being your residence.

It's a ton of marketing, being on the phone, driving, doing walkthroughs, and negotiating if you want to find deals that investors will actually buy.If having a second full time job doesn't scare you, (and this is only my opinion - therefore not legal advice) When you are starting out wholesaling, I think creating an LLC would be a big expense and complication that you don't need.

I would put $16k down on the new studio using some of the equity from my condo.Here is the complication.

Also, you must burn off three years of lawful possession before you burn off judicial redemption rights. 

When it comes to flipping it seems to get a bit more complicated.

If Person 2 cannot pay cash, then it gets a lot more complicated, although not impossible to arrange.My major concern continues to be that Person 1 is 40 and if they have earned that bad credit from onging bad financial behavior, this situation is likely to end badly and ruin every family reunion for years.

It's not really that complicated to buy out of state.

IRR is a complicated calculation.