My LLC will be a Washingtons State LLC, so I'll contact their Secty of State's office & find out.Re: comingling of funds...If I keep a separate checking account (net necessarily designated as a "business" account, but registered to the LLC), pay all bills out of that account, deposit all rental receipts into that account & take monthly "owner's draw" do you think I'll be ok?

House is in very good condition with only expenses are appliances, replacing the carpet in 2 bedrooms to hardwood floors and transfer taxes (no back taxes even)...As said, as a first time home buyer not sure this is the right approach (to buy without CO and related consequncies) and looking for advise here from the investor community.

Most of the modules are designed to "snap in" with each other so you can really do anything you want with any of the modules.

I'm a broker and I mainly work with investors and I've been approached by them asking about these deals.

In their approach, they agree with the tenant buyer on a purchase price up front.

Is that a good approach?

I use a different approach that has been working for me for over 2 years now.

The note remains in your name.I know others here may disagree with this approach.

I asked what they would consider for this note and reminded them of the approaching demolition date.

To narrow this down here's my approach...If I want to beat out the pro's at auction I would look to offer 80% (generaly, a couple of weeks before the sale was scheduled).