Some states have redemption periods after the sale (I don't know if Florida does) If the owner files for bankruptcy even 1 minute before the sale, that stops the sale or reverts the sale, depending on timing.

That sounds like capital gains tax on $63k-$113k depending on sales price and closing costs. 

Really depends on how much you have in there.

I honestly find landlording very boring and after many years its not fun.I also have thought of reparing it and then handing it off to a PM company and holding it for longer but dont know if it will be worth it.In this situation, it ultimately depends on your long-term financial goals and personal preferences.If you are not enjoying landlording and find it to be a hassle, selling the property as is may be the right choice for you.

@Kareena SharmaThis is more of a personal choice that depends on what your personal goals are and how much effort you want to put into the venture.

@Jacob MaesThis depends on your definition for "successful" BRRR? 

You should consult with an attorney in your state to make sure that you are using the best asset protection strategy for your situation.Your budget: The cost of asset protection can vary depending on the type of protection that you choose.

(BP will be the new brand- 10 year lease with BP)Store was heavily dependent on game machine revenue which is 45% in state.

You should consult with an attorney in your state to make sure that you are using the best asset protection strategy for your situation.Your budget: The cost of asset protection can vary depending on the type of protection that you choose.

I think is a stretch and it really depends on who they are bonding for one off individual Not so much.. big builder developer who is bringing them hundreds of thousands in title insurance and escrow income a year.. ( like I do on my projects) thats a whole nother kettle of fish.