the seller has to not need the cash up front to buy another property (or use it for anything else). 

Its a very CASH intense business and buying without title insurance means its all CASH no loans..

Very few people start out with an 8-unit apartment, and 3 SF flips going all at once. 

@Paul Passafiume have you checked out their website?

As mentioned if the holding company is not solely holding or owning assets together funneling monies as a loan would further complicate if there is a default but also cause you to file extra tax returns = $...Yes you are taxed on interest income or any money that you make, does not matter how you structure it, what comes into play is not how much your taxed but how much you pay someone to figure out for you how much you need to pay and each layer is an added cost. 

I would love to join local meeting however i am currently located out of the Country in Tel-Aviv IL . will defiantly look into joining the Facebook groups Thanks  

I own a property free and clear, that I want to rent out.

Does she need to fill out a CDC form to be shielded from eviction?

I'm working with a contractor for the first time on a cosmetic renovation from out of state.

You could also contact a local attorney - but that is probably pointless early in the process if the city rules it out.