I have an opportunity on a property that has a pretty decent range on resale for a flip ($130-$160k). The seller and I are about $16k off because of this. We are open to at least discussing a contingency seller financ...

@Dustin Burt I agree 21k will not go to far if you are doing home renovations or large scale repairs.

Sure investing each money into more properties and scaling your portfolio makes sense.

For many investors with two or three LLCs it isn't much of an issue, but for investors who continue scaling up it can be a huge hassle - and the risk of accidentally using the wrong card and comingling funds increases. 

I follow this market very closely...got 1 house and now in contract for another...median house prices near the university is about 150K.So I am quite puzzled what is the rational behind buying these portfolios for 3 times the value of the houses themselves...there is obviously an advantage to buying an established portfolio with built in economies of scale...and I assume a company who is capable of getting this kind of portfolio know what they do...but 3 times more?

this is retail flipping as compared to flipping lower value assets to investors.. were your % returns are much higher as long as you can do volume and scale which most folks cant do like you do.

Your cash flow is higher per month however you lose your interest write off and ability to scale if that is your goal.      

(B) Keep property and scale accordingly via reinvesting cash flow + savings.Or,(C) Something I may be unaware of.Any/all input would be greatly appreciated.

From my experience you only go out of state if you have funds to scale.

No matter where you live or where you own assets, I personally recommend the Series LLC to be a great tool for the individual investor who is planning to expand their operation, as it allows for you to scale infinitely for FREE.