The seller was the most lazy person I have ever met.

LLC is more based on protecting personal assets from business liability.

If this area interests you @Angelo Proto, he would be a great person to reach out to.

Obviously the key to a successful flip is to find solutions for the distressed person. 

I don't have personal experience with it though. 

The seller needed to sell quickly due to personal reasons, which allowed us to negotiate favorable terms.

Have had it happen in personal houses before, it was usually due to humidity in cities with high, high humidity. 

And, I just don't buy that GPs will liquidate the deal to finance their personal problems - if that's the case, then I invested with a GP who was irresponsible to risk their family's financial future on a single deal.

:-pI don't think it would be worth it, personally, unless your end goal was to relocate to Spain.

I personally want to get the highest appraisal possible.