Originally posted by @Amy Friend:So we are currently stationed at Camp Pendleton, CA.

Originally posted by @Mike Dorneman:@Franklyn Gutierrez This comes down to your desire for separation of your personal assets and that of your “business”.I’m for forming the LLC and purchasing the property under said LLC.

Originally posted by @Josh C.

Originally posted by @Adam Odom:@Jack P.

Originally posted by @Matthew Irvine:Invest or ignore.  

Originally posted by @Byron Scott:@Bjorn Ahlblad thanks for the advice.

Without knowing your original investment or cost of improvements to look at the cash-on-cash return, it sounds like your ARV and net profit are healthy.  

Originally posted by @Russell Brazil:Im unfamiliar with Florida, but in Maryland if the EMD does not get released, then typically the buyer will not release the contract on the property.

Originally posted by @Bill Drutz:I really need help with the first step/action to take:Should I stop paying and call on the loans and credit cards first and call to negotiate? 

There is a calculation performed each year based on the account value and an age factor (perhaps yours, perhaps the deceased original account holder depending on certain variables).