I get into contract in my operating company and then assign the contract to the new LLC prior to closing.  

Hello everyone, I'm currently in a situation i was hoping to get some helpful insight on.

Quote from @Jade Frank: We own a home in Kaukauna wi and it's a 3 bedroom 2 bath house.

It will be easier once you have a good team in place and know the ropes

If you come across a better opportunity here in AZ where if you can take your 1M and turn it in to 1.2-1.3M ( maybe a value add deal) sell the house, take the equity and use it to get a bigger return.

Only luxury single family houses will be built. 

Fannie Mae has a requirement that if you want to use the rental income from the non occupied units, that you MUST have a current housing expense which means you cannot live rent free.

Many have never even stepped foot in the US.

I started working foreclosures in 1978 after a one-day seminar.

new houses are getting sold for 600K, old houses switched to multiple offer selling model, just like some places in GTA.