My main advice is to not use something like legalzoom. 

My intention was to eventually fix it up, buy a second house, then rent this one out.Well it's time.I've already put an egress window in my basement (it's finished) so it can be used as a bedroom (there's a closet and full bath down there too).

Mortgage Insurance Premium 586.33 Mortgage 3281 Total Monthly Expenses 5,075.33 Cash-on-Cash Return 26.73744578 Based on the above analysis, here are the key takeaways – 1)The property cash flows - $924/month2)Cash on cash return is 26% which is pretty good in LA I reckon. 3)The main thing I would like to note is the solid Cap Rate of 8.2Scenario 2: The actual scenario with only one rental income since we moved into the front house.

The main issues I have is that I am not familiar with the area nor its real estate market.

This is a big undertaking as it may requiring upsizing your current water main or installing a new one,  either of which is expensive.

I have a purchase agreement and an assignment contract that I needed a good real estate attorney to vet to make sure they're good for PA, NJ and possibly other areas (but mainly PA) that plan to wholesale in.

As the landlord, it was all about my balance sheet (the first question on the response form from CHRO was what did I own & how much did I owe on each property), not intent or guilt.

He called his boss, our main Subcontractor Plumber, on Thursday.

(Likely) Step 3: If you’re a wholesaler without an ability to close, find an agent that’s comfortable working for free with a “buyer” (quotes intentional) that can’t close.Step 4: See how crazy hard it is to do Step 3 and either a.) become an agent yourself or b.) start marketing yourself.Step 5: Dodge and weave to avoid that whole “brokering with a license” thingee...

If it was called, could it be argued that obtained the original loan fraudulently if his intent all along was to transfer to the LLC?