Save yourself the hassle and avoid these common pitfalls no matter how much you like the name or "professional" you believe the entities may appear.  

The Registered Agent will record the documents on your behalf so only their name and information appear on the documents.

The Registered Agent will record the documents on your behalf so only their name and information appear on the documents.

Lenders don't like condos.I totally agree with checking on non-warrantable, but these appear to be lots with stick built cabins.

Or I should say "was" as the rate appears to have gone up a bit. 

I just looked at rentals in your market and it appears the average price for a 4bed home is around $2,500.

I would avoid this if its your first acquisition  but you also appear to have enough cash to complete the purchase without financing so you wouldn't necessarily be at risk of losing your deposit, only incur additional transactional costs.

Just want to clarify when Melanie wrote about selling at the date of death or within six months, that it appeared there will be tax implications after that time frame. 

Your understanding of the capital gains calculation appears mostly correct, but a few details could affect the final outcome.

I’m not sure if I can post a direct link but if you search the web for RI Real Estate Investor Group it should come right up.