Originally posted by Account Closed:@William W. put everything you own in an LLC or trust :) including your personal residence.

Account Closed PA is a great place to invest especially the western part of the state.

On the inheritance tax side, however, I believe the formula take account of the fair market value --- even when sold at a judicial sale. 

I will also create an upfront operating account fund to cover any unexpected issues that occur before I build an adequately sized reserves account from the ongoing savings. 

**With that said, aside from the credit report and liens on the other property, the lender could also see the deposit/wire from the private money show up in your bank account (they will be asking for bank statements for your down payment and reserves) and if they see the deposit, they will ask where that money came from.

Make sure that you are accounting for all expenses.... vacancy and maintenance, and are there any landlord paid utilities?

I accounted for this with my cash purchase offering to come up with an all-in cost.  

Follow it up with research.After you have studied, met connections through meet ups naturally, and got your self financial sound, start to look for investments.

The rent just gets automatically transferred from the tenant's bank account to yours each subsequent month.

I was just told that the closing for the sell of the property was being delayed until the foreclosure accounting has been approved.