It was sales men of the day.. it rubbed off and by the time I was 18 and had my license I was a CLOSER  LOL that's why I did so well out of the gate in transactional real estate I could CLOSE with the best of them..

I think NE dc or like PG county would be SUPER interesting..and have a huge economic effect on real estate but also the communities, businesses, and transit...

They will run the transaction to the finish line once all of the conveyance documents are in place, but MN has statutory requirements for the sale of any CIC building that you need to adhere to on top of making sure you have a compliant and beneficial instrument of conveyance (purchase agreement). 

It seems they have hit their saturation level and are feeling the effects. 

So when I go to pay for the property, do I need to get a real estate attorney involved or can the title company take care of the transaction?

Real Estate is a very effective get-rich-slow scheme!...

The average person stands a much better chance of realizing significant appreciation without as much downside risk and transaction costs.

Also, your sibling still effectively gets a discount since 50% of it goes to paying him/herself.In regards to what should be in the operating agreement, the attorney who drafts it for you would be in the best position to answer that. 

Effectively what that did for us was amortize our $30k Heloc over 30 years at a lower interest rate.

So if we are using this business credit card to buy some of the materials for the reno, then we rent it out, then we use the cash flow to start paying the balance down, how will that effect the cash on cash return?