I normally advise that people start a business as a sole propeitor in their first year.If it is successful and something you want to continue, then have a conversation regarding entities.

Shaun Shaun,I am a "specialist" and currently a business owner of a design and drafting company in CT. 

Not incredible, but fine.An out of state flip or flipping business, handled completely remotely? 

All contractors (no matter the trade) are businesses, and should be run as such.

Looking to get that cash back as soon as possible to use it to fund my business.

If you are considering buying using Subject To - Subto, it's important to know what your exit strategy is.Talk to a mortgage broker (not a bank) and ask if that is a property you will be able to get financing on in the event you have to refinance quickly, because the Due On Sale clause was called.AndTalk to a real estate agent about how much you would have to bring to closing in the event you had to sell quickly.

Highway hotel on busy 35 highway. 19 hotel rooms plus owners apartment, large laundry room with commercial washer and dryer, large parking lot, front desk, lobby, roadside sign.

She also mentioned that they’ve been in real estate since 2006 and have managed over 30 properties (though this is more of a side business for them), which suggests a mom-and-pop operation.

Noone bring me any REALLY good deals for the next 1-15 days, or I am subject to counter claims...Real estate industry.... get your act together.

Regarding finding discounted deals......That is the reason why I started a wholesaling business.