I had a call with NCH (Nevada Corporate Headquarters) and they walked me through their whole process and how much it would cost for them to set everything up for you, to include the address and registered agent.

Managing our rentals is our full time job because the cash flow from our rentals more than replaces our prior combined corporate job income.  

We are setting it up so that fees and interest paid will be an expense that our corporation will be able to write off.

This information has been backed by several asset companies and listing managers in the regional & local REO industry, and since I was a sales manager for Hud's preferred real estate listing broker for 3 years in Atlanta, I've also closed hundreds of Hud deals on the corporate side of the disposition business and I've put almost every acceptance that flowed through that company to this template test.

I have had attorneys easily show me how to pierce corporate vail by transferring to an LLC without it being arms length transaction especially if you personally are on the loan.

They can't compete on a cost or rental rate basis, unless supported by a large corporate office for price reductions.3. 

So, I may have to find out who this person is or simply go to closing and be prepared to deal with this occupant.On the other hand the bank is having trouble providing the legal corporation paper work required by my title company. here is the latest email from Title to Bank: “Please have the seller (the  bank) contact their attorney to provide the needed paperwork.

Will the LLc need to be converted to a partnership and corporation as a separate entity?

These properties were not distressed quite the opposite.. but they had 100k to 3 to 5 million of standing Timber on them that if we could purchase our Timber deed we could turn those trees to cash within 90 days..PS I had created a hand made custom data base of properties  10 acres or more not corporately owned that Aerial Photogramy show Standing Timber of an Age we deemed Merchantable. 

Corporate bond return is at 6-7% as well.