State that X person (usually a Member, Manager or Officer, but not always) is authorized, in that capacity, to execute all documents and instruments necessary to effectuate acquisitions/transfers of properties in which the LLC is engaging or involved.

I have seen some loans that have interest only payments so I’m assuming that’s what I would be responsible for until I execute my exit strategy.

More importantly, the administrative staff has to spend a lot of time and energy managing the property and they're not very good at it and don't want to deal with it.I offered a couple options. 

So, if you plan on executing a proper direct mail marketing campaign, you should definitely consider using a company for sending mail.

Set goals, execute.

Your highest and best use will be to find deals and execute the business plan.

BP has been such a blessing, I want to say THANK YOU to Josh and Brandon and the rest of the staff. 

I had to have the 25% up front however, so used my loan for that, and then at closing, executed the seller financed 2nd mortgage that essentially reimbursed me and the 401k loan.  

It depends on the contingencies in your contract and if the FHA Amendatory Clause form was executed or not.

I’m in the process of figuring out how to set myself up financially in this next year to execute successfully.