We're currently based out of Las Vegas, NV and are looking forward to learning alongside everyone as our focus will be on investing in long-term rentals in both in NV and TX.

While I would love to pay less, based on my discussion with them and what they provide, I was comfortable with that.

Lenders will not be a fan of you buying under your name and then converting into an LLC.

They promise to work with you past 6 months or until 3 deals are closed (which you split 50/50) whichever is earlier as long as you do 1,000 mailers per week and attend at least 1 live office hour per week but the 6 months is implied to close 3 deals based on their marketing and conversations. 

It's "live" as it updates behind the scene everytime you look at it, since various items might reach their lifetime expectancy and, based on that, should be replaced (obviously, they can fail much sooner, or last much longer than that).Using that spreadsheet I know what how much I should save in capital expense for each property every month, per year, which ones are past their lifetime and due for replacement, and a total for all properties (if all was to fail at the same time).

@Bill RiderTalk to your cpa but the answer appears to be no based on what you provided

I know I have other options like selling the notes or partialling, but this question is more focused on taking collateral based loans against the notes.

I am a huge BP fan and love the way it organically connection folks.

I've wholesaled 30+ deals in Texas, even though I'm based in Southern California. 

Have you looking into the Navarre Beach or Panama City Beach Market: 1 Location: Located on the Gulf of Mexico, offering beautiful beaches and crystal clear water. 2 Lifestyle: Navarre Beach is known for its laid-back, beachy lifestyle, making it a popular destination for vacationers and retirees. 3 Investment potential: Property in Navarre Beach can be a good investment since there is tons of new construction occuring on the beach and inland. 4 Community: Navarre Beach has a strong sense of community, school systems with many local events and activities throughout the year. 5 Natural beauty: Navarre Beach offers a variety of natural beauty, from the beaches to the state parks and nature preserves. 6 Quieter: Navarre beach is a quieter alternative to the busier beaches of Pensacola and Destin, but still close enough to enjoy the activities and amenities of those areas. 7 Military friendly: Navarre beach is home to Hurlburt Field Air Force Base, making it a popular destination for military families and veterans. 8 Affordable: Navarre beach offer a more affordable option compared to other coastal towns in Florida, making it accessible for first time buyers or retirees.Rentals, appreciation and gentrification is happening in these areas with new price point emerging due to infrastructure being built out.