My partner is native Chinese and I am American but fluent in Japanese.The option that currently seems most appealing is LLC.However, what would be the differences between registering out company with multiple members (2), or one member and the other as a manager instead?

Sometimes a rental having a Fridge or washer and dryer can be the tipping point for some.If its just the slow time then consider lowering your rent to make your place more appealing to live in for renters. or just ride it out when there are more people looking in the spring.

The more I do this, the more I act "as if", the more and more comfortable I get, and the more I can visualize myself doing a deal like that.Also, in the beginning, I read every possible real estate book I could get my hands on.

However, it can't be the only thing an investor would want, and if you don't have a track record (me), there must be other appeals one could play to.This question is obviously open to anyone, but I would especially appreciate answers from someone who has invested in another person's deal.

Having a home in a nice neighborhood and particularly being flanked by a few nice houses should certainly add to the appeal of yours.

You might prepare a complete set of numbers to show how anyone will make money on this property including your desired fee, holding costs, light rehab, insurance, taxes, sales costs, etc.Of course, if you could somehow convince both lenders to take a $25k haircut each, the deal would be much more appealing and you could probably wholesale this to a local rehabber, assuming the court approves the sale and your estimates are accurate.I’m not familiar with bankruptcy.

You may not agree with the decision, which you have a right to appeal.

To me, cash on cash return is the number I will give the most weight to because I'm looking to maximime the return potential of my dollar, and if I can get into a property with an 8 cap with only 10k out of pocket vs a property with a 10 cap that requires 30k out of my pocket, the advantages of leverage may be more appealing to me than the higher cap rate.

Without any money, they'll get about 2 weeks to appeal or come up with it.

They do not "purge" their permit files on any timetable.To find these needle in the haystack deals in my county I will have to search through thousands of 2 to 5-year-old records and cross reference them with a visual confirmation of completion....as in, drive to every address.