A series LLC is no more difficult or expensive to set up than a standard LLC but with the Series LLC you can create more LLCs (one asset per LLC) at will at no additional cost or effort.

It seems extremely high for me and I would just love to know what the lender is doing - if they are taking me to the cleaners or if the closing costs are all pretty standard and I won't be able to find a better deal elsewhere.Also, if I SHOULD look elsewhere, how do I find a lender on my own?

The investment portion is tied to the size of the policy so to increase the investment, we would need to also increase the life insurance, which at the time wasn't something we were interested in.We will now just get a standard 20 year life insurance policy and call it a day. 

Just because there have never been any assessments, I wouldn't count on that going forward.I would try to figure up reasonable costs to maintain the land and parking lot to the standards I'd want, divide that cost by 3 and budget that amount (probably tack on 10-20%) for it each month.  

It's a standard real estate contract stating if they sell their home it HAS to be to you.

It looked pretty positive and I understood she has more than one attorney to review a pretty basic standard sales contract. 

Even with the standard yellow format postcards I get threats to sue me.  

Typically 64% lands me where i need to be. assuming a 20k repair & contingency budget us adequate;230k x .7 = $161k - 20k repairs = $141k max purchase price of an investor. me personally I would be looking more along the lines of the following;230k x.64 = $147k - 20k repairs = $127k max purchase price. dont forget to leave room for negotiations when that those end buyers start coming along with standard 5% below asking price offers. dont fall in love with the deal. you need to understand why the above numbers are the way they are. this seems like a so so deal and that's assuming the 20k budget is adequate with the needed contingency, and throw a whole seller fee into it and it might be something to pass on. break out every cost and you will see how the 70% rule works regarding capital gains, purchase and selling costs for realtor percentages, holding costs, interest on money, prorated taxes, utilities, etc... remember, investors have to pay short term capital gains which is typically over 25%. it may seem like a big chunk of money using those formulas but in reality it isnt.

In Oregon and Washington 16 to 20% is pretty standard for the hard money guys.. anything cheaper is private money then you have bank financing. 

I'm not sure how the plan actually went for hime but it was a standard joke around the office: Oppps; Len is breaking up with Jill . . . . again.