I presume you are buying as you need and then those units are being delivered and then installed, as needed when needed... the supply chain would be most important for me.  

Or would this be considered a "prohibited transaction" in the eyes of the IRS?

It would be a lot easier to just get a couple different agents that send you whatever you are looking for.There are several pros to having a license, but when it comes to wholesaling, there are a substantial amount of liabilities that you take on when you have a license and you do a wholesale transaction. 

Always use a warranty deed to avoid any issues with the tittle insurance when transferring tittle.Also, Ive recently learned Fannie Mae allows transfer of tittle to an LLC without accelerating the note...Fannie updated their servicing guide to state:Unless the previous borrower requests a release of liability, the servicer must process the following exempt transactions without reviewing or approving the terms of the transfer:· A transfer of the property to a limited liability company (LLC), provided that § the mortgage loan was purchased or securitized by Fannie Mae on or after June 1, 2016, and the LLC is controlled by the original borrower or the original borrower owns a majority interest in the LLC, and if the transfer results in a permitted change of occupancy type to an investment property, such change does not violate the security instrument (for example, the 12 month occupancy requirement for a principal residence).

In the transaction history, you would see the sale for the lot.

She seesthis 1in every 5 transactions.  

The last 2 bills came in high, but my PM found a leak that has been fixed, so I'm crossing fingers that the utility rate will return to normal next month.

I'm currently finishing my degree in Supply Chain Management and I am considering double majoring and adding Commercial Real Estate. 

I'd like to see how you setup your chart of accounts, how are transactions from the property managers handled, etc.? 

Just another daisy chain over priced delusion of some wholesaler fantasizing about a $300k fee.