We help the foreigner (individual or company) to buy the property, then we renovate (I have two interior designers/project managers in house), then we rent to other foreigners fixed to hard currency (mostly USD but sometimes EUR), then we manage the property.

Attorneys just don't seem to want to assist in any way as this kind of deal is promoting breach of contract with regard to the current owner and has some risk.I guess if someone could convince me it's possible, would they be willing to explain a step-by-step process to me?

There is absolutely no difference with the M1PR form between LLC's and individual owners. 

I really appreciate the assistance in helping me potentially see this deal into fruition.

https://www.hrblock.com/tax-software/ is the website that describes the difference between basic and premium.It mentions Premium has the following that Basic does notReporting assistance on income from investments, stock options, home sales and retirementGuidance on maximizing mortgage interest and real estate tax deductionsOne personal state program download included — a $39.95 value.

The one side is listed for sale individually for $660k, and I found this posting on Loopnet: http://www.loopnet.com/Listing/1550-1552-Perry-St-...I'm not really considering attempting to purchase it, but from an academic and market understanding viewpoint, I have to ask: Even with the crazy valuations and sales prices, is it worth this much? 

We will be self-financed, developing property that is zoned "by-right" for the intended use, using public water/individual septic tanks, constructing DOT spec roadways, installing concrete sidewalks and offering high-speed cable TV and internet service.

If anyone in the Thurston County, Pierce County, Lewis County, Mason County, Kitsap County or Grays Harbor County areas can provide me with a good referall for this, I would greatly appreciate it.I would also likely have additional work for this individual or company. 

Let me know if you have any specific tax questions.Just so you are awarePA does not follow the federal guidelines for 1031 exchanges(does't apply in your case if you are flipping but i thought i'd let you know if you were thinking of alternative exit opportunities).Also PA does not recognize NOL's at the state level for individuals.

Keep in mind these people are receiving assistance to pay you every month.