I saw it the last downturn in 2007.Risk/reward is on a sliding scale depending on the size and scope of the project you are doing.

You may have to call to combine files if a subsequent DUNS or BIN gets assigned later.You can either register a new LLC in the new state or register a Foreign LLC in the new state and keep the original LLC in the old state.

I would also be concerned  that if the economy begins to slide super high end vacation rentsls and ski vacations are what will go first for people.

Looking for the best strategy for initial and subsequent funding, but this will be in another post.REI makes a lot of sense to us as a long term investment.

Also seems like you're trying to "slide your closing costs into the option payment".Certainly find a local RE attorney.  

But hey if someone is interested in bidding for tax deeds, knock yourself out here is the info below per the DC.Gov website (note phone numbers, emails, links and contact info are DC government) http://dc.gov/node/409122 Discount Tax SaleNotice is hereby given that all real properties, which were bid back to the District of Columbia during the July 2015 Real Property Tax Sale and were not sold at the subsequent special deed sale and have not been redeemed, will be offered for sale by the Office of Tax and Revenue (

If things go south, it won't be long until you are staring at a 36% interest rate.Also, be cognizant of the effect this will have on your credit score for your subsequent projects.

The subsequent buyer could be an investor and it might be more valuable to them as occupiedOwner occupied loans give a buyer 60 days to occupy the property, therefore there is plenty of time to remove a month to month tenant

I would convert the sliding glass door to nice french doors and add a dedicated path to this entrance.Add a nice kitchenMaybe add a 1/2 bath if you have spaceWhite acoustic tiles should be okSolid surface flooring like a high end laminate or vinyl strip flooring.

OR CA NV ( state we were in) MN SD TN and a few others all require licensure and NMLS registration.. so they would then back slide..