I’ve read enough to know that acquiring the LLC is a bad idea due to: unknown liabilities; tax liens and debts; loss of depreciation that has already been taken, and probably other reasons too.

I’ve been listening to podcasts and am currently reading The House Hacking Strategy by Craig Curelop, which has been really informative.One area I’m struggling with is deal analysis.

I have read a lot about how the seller can do the closing on the sale himself, and save the buyer and himself a large fee.

It does a lot of work for you.

What would be your profit if your remaining expense totaled 15% of ARV or more?

Rent out both units to cover the mortgage while we subdivided the land and built properties to sell on the back half of the land.Option #2: 1 year - Same as option 1, however, instead of building more units, sell off the lots to builders.

And I believe that some states you may not have to be licensed to sell commercial real estate.Sorry I couldn't be more help. 

Rent out both units to cover the mortgage while we subdivided the land and built properties to sell on the back half of the land.Option #2: 1 year - Same as option 1, however, instead of building more units, sell off the lots to builders.

He reads the books, takes the courses, visits the forums, and keeps re-strategizing.

Another one that has popped up a lot is people with ESAs.