My other deal I did sub to and novated the property so I had no holding cost and I made money on the renovations and selling the 3% mortgage along with the house when rates were 7.5% I think my buddy felt threatened because he was like a little brother to me but I don’t want to ruin our relationship and handle this between us but I want to know if I have a legal leg to stand on or if it’s going to come to dude if you screw me.

I was renting this home then approached the owner and asked if they'd be interested in selling.

P.s I don’t plan on selling anytime soon.

I mentioned finding sellers who are not indifferent to selling, and therefore are motivated to sell.

Nothing like being able to sell the dream of dinner and a movie to your potential tenants, to help them see the need.

According to the UDO, we should be able to fit 10 houses on the property, and they could each sell for $1.1 million.

You can have options to stay, sell, or continue as a rental. 

It also is helpful to have a California LLC in case you ever sell that property and move into another state so that you do not need to form a new LLC altogether with new operating agreement, just re-register in the new state as a new foreign LLC.

You are a brave soul.I would (I did) sell and run....

Milwaukee has been very competitive, anything decent sells with multiple offers, the houses are old and OOS investors often don't understand how delapitated the place is they just bought.