Also, despite new home prices and the premium that the energy efficiency will confer on my tenant will make this a particularly rentable home.

I can no longer qualify for traditional financing to purchase a property to move to , so id like to find a house for under 40k in a decent area that we could pay cash for and use as a rental in the future, or live in for an extended period.

He makes periodic vists to keep the team on track.

House was on the market less than 48 hours before we accepted a very strong offer at $332K (40% down, $10K in escrow, wanted to close in 3 week period).

you must read the condo doc.s, and talk to the management during your due diligence period.

Can we immediately transfer the new property in to an LLC or do we need to hold it for a period of time?

Now my wife and I just need to survive through the "look back" period and we're all set.

It isn't efficient at all.

Second: Any specific strategies that make the process more efficient?

Margins in hot areas like Houston have narrowed considerably, most fix and flippers believe that prices will rise 5-10% during the rehab period.