(c) This chapter does not deprive any member or member’s assignee of the benefit of any exemption law applicable to the member’s limited liability company interest or the assignee’s rights to distributions from the limited liability company.(5) Except as provided in subsections (6) and (7), a charging order is the sole and exclusive remedy by which a judgment creditor of a member or member’s assignee may satisfy a judgment from the judgment debtor’s interest in a limited liability company or rights to distributions from the limited liability company.

Hello everyone,      Im just starting to get my feet wet with analyzing MFP's and was wondering if there are any sources of sample scenarios, or transactions, that can be used to get the basic understanding of how to read the numbers and what works and what doesn't work. 

The Commission take steps to clarify the cunent ambiguity in broker-dealer regulation by determining that persons that receive transaction-based compensation solely for providing names of or introductions to prospective investors are not subject to registration as a broker under the Securities Exchange Act. 2.

Craigslist has also been a good source of quality leads for me. 

@Shaun Reilly@Rich Ng According to a couple of sources I read, you just need the deposit(s) in a separate account from your personal funds.

I've heard that absentee owners are the way to go, so do you still suggest door knocking as my primary initial source?

There are also issues with trying to pay yourself AND have passive income in a sole proprietorship or LLC.  

I will have the sole and exclusive right to purchase the property at any time of my choosing for the nominal amount of $1 from the seller and whatever arrangement I might make agreeable to satisfy the relevant creditor bank's remaining debt.

Your strategy might depend on how you are sourcing your deals as well too.

Typically some sort of MLS based comps would be a source.