A wholesale never owns anything (just an intermediate between a seller and a buyer) whereas a flip or double close will create a chain of title, ownership however brief, and likely a taxable transaction.Every decision leads to consequences somewhere and actions are even more so when not done with a full understanding.Kudos to the OP for asking - - now only to await the dust to settle.

These are gold for evaluating how a contractor will work out.  

And so on.I know it isn't that easy, but I'm curious if anyone can prove it, like when an underwriter says "no" to me and I ask her to prove it, and if she can't then I ask her boss to prove it, and so on up the food chain until I get a "yes."

Chain linked fence.

Quit claims are often considered a "weak link in the chain of title".Quit claim says, "If I have any interest in this property, I give it to (grantee)."

Income from property LLC A could then be distributed back up the chain to the master LLC, and redeployed into another investment, whether that be property LLC B or a brokerage asset or whatever.Outside of an IRA, proper asset protection with LLC's can be more challenging if you are using leverage.  

Top quartile managers are worth their weight in gold and bottom tier managers are not worth a look, no matter how little they charge.

Top quartile managers are worth their weight in gold and bottom tier managers are not worth a look, no matter how little they charge.

Your in the gold section of investing.

I have found that networking with the members in B/P is a gold mine of info.