It had 22 of the 25 lots occupied but we'll be fixing it up, filling it up, billing back water and raising rent up to market.

And it was a pain because guests kept signing out to use their own.So we just cancelled all services and we state on the listing that guests need to provide their logins for apps.I know we'll have issues with older guests.

I opted to go the HELOC route instead.

Of course to maximize your tax benefit it needs to be sustainable over time. 

I know lots of developers that spin their wheels trying to find banks to finance their construction or rehab projects when they're never going to approve them anyway.

Thanks Shawn;I agree.I'm schedule to view the property tomorrow afternoon. 

Makes it easier to come up with ideas.

Talk to me if you want to find out why.

As an agent, I think once you've assigned the contract to the LLC with an "addendum to the contract" you should just be signing as the LLC and whomever owns the LLC. 

Hi, welcome and yes, Ohio is definitely a great place to invest in real estate.