The only concern I have about your LLC plan to season it is that many business line of credit lenders are not only looking for seasoning, they are also looking for business cash flow.

Little concerned about the political situation, but it doesn't seem to be affecting tourism much.

The prospective tenant will provide you with the Landlord packet, that will give you additional info, and requires you to provide additional info concerning age of the property, upgrades etc.

My concern here is that my brother inlaw nor his crew carries insurance and if one of these guys gets hurt on my property I could get hosed.

You only need to put down 3% as this is an FHA type of loan, but it also must be for a first time borrower.I'm concerned about having a "contractor" come in to assess the cost of renovations.

The seller is more concerned with the sale not the end buyer.Robin

My biggest concern is that you're buying a MANAGEMENT HEADACHE.

The rent it brings is about $1200 /moIn loosing this income there is the potential that it might domino to other parts of my life, including my current residence, SO I AM REALLY LOOKING FOR A FINANCIAL ANGEL TO HELP OUT HEREThe thing that seems to be a concern is that it is built about 50 yrs ago.

Can you tell us where your interests lie, as far as real estate is concerned - long term?

However, that said, I find myself particularly irritated at the lack of concern for a sale that i get from all the realtors that i have dealt with.