The one I'd like as much of the funds to roll into has a lower LTV of 38% so I need to pair it with a higher LTV (which has 73% LTV). 

@Gabe Gordon I understand the frustration because my buddy's car window was just smashed for a pair of pants and shoes. $180 for a new window and he had to wait 5 days because of all of recent smashes keeping the window guy busy.

For information on the best approach for your particular case, I would recommend pairing the services of a licensed attorney and a good CPA in your state of operation.From a legal perspective, the number of LLCs are typically controlled by the types of assets the owners have, their risk aversion, the amount of money coming in, common practices of the business owner, and the number of assets.

I haven't thought about pairing up on any flips but it's certainly worth considering.

I have read BP's the book on flipping houses paired with the book on estimating rehab costs.

Its like having a pair of golden handcuffs.

This paired with the losses the town is facing, I am thinking I am better off leaving my earnest money on the table and walking away. 

Feel free to PM me if you ever want a second pair of eyes on some numbers!

I find it quite unique and could be give the house some character if paired nicely with a neutral or earthy colored siding.Ripping it out will cost a decent chunk of change$, you won't know what you will find underneath. 

That's the biggest reason I want to have my own realtor, even if she's just a second pair of eyes.