And how the political infighting, (which is bound to get really nasty in the future - payback being a beeatch), will affect the rest of us, is hard to say. 

And once you have all of this information together, you should put it in a professionally bound pitch deck. 

Structurally, electrical or some other major issue is bound to arise  I am at a crossroads.

Hi there,I purchased a SFH in Gilbert last Nov for long tern rentals and manage it from out of state. it's build in 2008. on 7/22, the tenant told me the bracket came loose and the door won't close, the had one man came to check and said: the motor failed and one of the screws apparently on the top of the door malfunctioned and the motor just kept pulling the door instead of stopping.

I would not be too worried about a lawsuit; it's costly for the seller too and won't yield much, but you may loose your EMD, or agree to split it at least. 

Get their LLC EIN and signed tax form now.If they don't shape up cut them loose.

Sand down the paint to remove any loose paint and make sure the surface is clean and dry.

I don't have any experience in real estate investing, but my mentor has over 25 years; so I don't want to overstep my bounds. 

@Terri-Leigh Huleis I am based on cape coral, I would hold and try to go BRRRR route... my reasons are:- aligned with the goal you are pursuing: scale ( if I understood correctly)- Cape Coral area is at risk of price drop https://www.redfin.com/news/metros-recession-risk-housing-downturn-2022/Even though there are different opinions here, from the risk mitigation stand point you will reduce the possibility to have a price drop during the selling process- Cape Coral are will show appreciation in the mid term since migration patterns still show good trend https://www.redfin.com/news/q2-2022-housing-migration-trends/- by getting refinance money you can payback heloc and if there is a price drop you will have a property secure on your chance to loose is less , and if not you can continue - w2 will help you to get better rates possible and as you mention you can put money in if necessary Hope ot help

We are in a time crunch as 1031 property identify period is ending and we are loosing our current lease we live in.We sold a problem property and would see about 120k profit, so because sales tax would be significant we are doing 1031 exchange and putting the proceeds into this property then adding cash and buying it under LLC.