On the multi-member LLC, they will consolidate the member's financial data to derive ratios, and they will also evaluate the individual members.

I found a recent listing in my primary area of focus and only 2 blocks from my home.

I'm considering moving a 2-story early 1900's house about four blocks away in the same town.

When I mentioned that I would eventually move to rehabbing, he did go ahead and quote me for general liability based on rehabbing construction, as well as coverage for any possible accidents while showing a property.I am still in the process of creating an LLC through my attorney, and do plan to carry a decent policy once my agent figures out what to actually cover me for :D FWIW, I mentioned an umbrella policy to my agent since I have seen that tossed around here a bit, but he said umbrella policies are for individuals.

I see the reasoning on an individual basis, but how many flips does it take before you are considered a dealer?

I consider myself an intermediate individual real estate investor, and as such am interested in learning as much as possible about this area real estate, and leverage that education with my experience in commercial real estate.

We went back to the Court House (4 blocks away) and he paid the trustee and the sale was officially cancelled.

A few blocks away is a booming area with high rise apartments and mixed use developments.

I've found some instructions on how to go about finding properties from probate.The first step is to check the daily obituaries (for me, they're located on the right part of the screen on this page: http://www.detroitnews.com/section/obituaries) and gather names so I can check them against the county property ownership records to see if the deceased owned real estate.No problem there.The next step is where I'm coming across issues.Step two, is to check the county property ownership records to see if there's a probate property associated the name of the deceased.When I for some of the names I found in the obituaries (http://www.waynecountylandrecords.com/RealEstate/SearchEntry.aspx), I'll find other types of records for their names, but I've yet to find any records for these individuals that are of the types "Probate Court Order" or "Probate File."

That said, since the beneficiaries of the restriction are the owners, you could go to them individually and have them sign a waiver re the provision.