There is a convergence of people being willing to live in smaller/alternative living situations (new generation) and the technology to make it happen (smart homes are here but alternative building techniques have been slow to catch on due to outdates building codes- but the technology is there) I think we are going to see some massive shifts in the next 20 years.

I know the California Franchise Tax Board imposes an $800 alternative minimum tax annually on any LLC doing business in (or operated from) California, no matter where the real estate is held. 

An alternative comment is that negative Cashflow is a delayed down payment.

I’m also open to alternative suggestions if any pro investors are able to offer input.

But today, you have a considerable amount of equity built in paydown and appreciation to access, and you can use that equity to improve the current house and purchase more.Many people find suitable alternatives to manage a handful of properties from a distance, so even if you move eight hours away, you can do most of the managing yourself by building relationships with contractors and real estate agents, paying a small fee for them to help as need requires.Only sell if you know the choice is mathematically correct, rationally made, and leads to more property acquisition now.

It carried my family (and friends), I didn't have to worry about a scratch or a spilled pop or a ding from someone's shopping cart, I towed tons of stuff, I carried tools and materials for my business, and I was very comfortable and safe the entire time. $10,000 cash is a lot cheaper than $50,000 plus interest, plus higher insurance premiums.

I’ve worked with my GC on several deals and he has approached me about wanting to work together.Essentially it would work something like this…1) My LLC purchases the property2) He will only charge me COST on the labor and materials (no profit or markups) which will save me around 30% on regular contract figure he gives me in my market which is very expensive3) He will also make 300k of his own liquidity available to inject into the deal (I will put some of my own cash in and get a HML loan for the rest).

Another alternative: Roll over the 401K to your new company, then take a loan, maximum allowable loan $50K or 50% of the value of the 401k, whichever is less.

If you can get that far in your vetting process, most likely you have a serious contractor that can do business with an investor well.Something to also consider is that there are significant delays in certain materials for rehabs right now (i.e. windows, lumber packages, etc.) ask these contractors where they anticipate certain manufacturing or shipping delays and what their plan is to keep your timeline on-track for completionBest of luck to you!!

Has anyone else had this happen and was the AMC willing to offer an alternative solution as opposed to the transaction being held hostage?