This way the property/asset is operated by the Land Trust, not the LLC, avoiding the foreign filing fee.

There are great programs out there that can get you low-money down or no-money down loans... but it still takes cash to operate a property and you need to have an "oh s---" fund in case something breaks)DON'T RUSH -  (it takes time to build wealth in real estate. 

On one end of that spectrum, a park with 100% PMs (park models) can look, operate and perform similar to a mobile home park. 

We just added 2 buildings in Westbrook to our portfolio this year, and I've been really pleased by how well they're operating even in year 1.

How will you convince them to put it under contract with you unless you present yourself as a legitimate buyer/operator?

We had an attorney draw up an overly complicated (we didn't know what we were getting into at the time) operating agreement for our LLC.

Hi Eric,To avoid the issues with financing while operating through an LLC I will proceed in this way: establish financing and purchase the property in your own name, then transfer the property into a Land Trust (this does not trigger the Due on Sale clause,) and then make the LLC the beneficiary of that Land Trust.

I am aware of wholesalers that try to make the deal into a "win-win" for both themselves and the seller, and in speaking with them I think this can actually be a potential competitive advantage.I'm relatively new to BP and still 'researching' how the majority of wholesalers operate, but it seems to me that real estate purchase option agreements are a more elegant way to conduct this type of business.I'm in the process of trying to put together a blog that, hopefully, will allow me to demonstrate this. 

We have a draft operating agreement, but need to meet with our attorney to finalize and set up business entity structure. 

Certified being the operative word because they are held to a higher standard, whereas “financial advisor” can be a synonym for investment product salesperson.