I think the SEC also has their hands full with FP applicants right now with over 30 in queue and a ton more coming later this year.  

What I don't recommend for sure is quitclaiming a house into an LLC  later.  

sounds good mario,Message me some contact info and ill be in touch later today.

Too big of a project for me, maybe later down the road I can tackle something like this but it wasn't in the cards. 

This house is in Mission Viejo, NEEDS CLEANING (i was in it), 3 bedroom, probably 1600 sqft decent backyard with trailer entrance corner lot.I was casual, i didn't ask specifics, but hours later i wondered if this is a opportunity.

So you would need to close on the sale first, and then later that day or after buy the new home.Also double check with your lender but 25% down is required on 2-4 units when you do not occupy them.  20% down is only for SFH that are NOO 

@Brandon Hall, if the excess funds were deposited in a segregated account, and then used to pay ongoing expenses for the property, or later capital improvements on the property, would it then be correct to deduct the interest on schedule E for the property?

When he disclosed to the property management company that his dryer wasn't working (and never has actually worked), they directed him to the part of the lease that he signed(The fact that he signed it without reading is a different story, don't even get me started on that one haha Im going to have that conversation with him later) that says "All appliances in the home are property of the owner however MAY NOT BE RELIABLE and do not come at the cost of the lesser(owner)" It then went on to say that if they break, the tenant should nicely store them away in the garage where "kids and animals cant get to them."

Is there a good place to hold money to be used later on to buy properties?

I'd like to attend later in January.