I have looked over there information as well, but haven't tried it.

@Mike HaworthIn situations like this, I also skip-trace the residents on either side of the target property.Those close neighbors can be a goldmine of info on resident history, any recent comings and goings, and last known contact info. 

It's always a good idea to speak with multiple lenders and compare their offerings before making a decision.I DM'd you with my info in case you'd like to get a quote from me as well, we're pretty competitive :)

(Another option to the above scenario is to instead have the LLC lend my father money to complete the rehab so all the repairs are made in his name...but then the LLC would get no tax deductions on the rehab, plus my father would wind up paying interest on the loan and the LLC would incur taxable income on the interest of the loan as well.)I've said a lot here, but It would be greatly appreciated if anyone can give me advice on the best strategy to pursue...Thanks!

Hi there, I recently came across a foreclosure home which had $283K in the mortgage and is set for a foreclosure.

@Theo Van Soest I like the 32205 zip code as well as 32211 if you can find a good deal there.

Under the IRS rules, a person  qualifies as a real estate professional if: (1) more than one-half of the personal services the taxpayer performs in trades or businesses during the tax year are in real property trades or businesses in which the taxpayer materially participates, AND.....(2) hours spent providing personal services in real property trades or businesses in which the taxpayer materially participates total more than 750 during the tax year.Like @Greg Scott and @Russell Brazil mentioned above, I don't believe that you would qualify as a REPS, but if you are going to try it, make sure you document it very well (i.e. with some kind of proof, like time cards, mileage forms, and/or receipts, etc.) so that just in case you do get audited, you at least have something to provide to the IRS agent. 

What works well in the Pocono's might not work as well in the Smokies or Destin.I know that we wouldn't be doing what we are doing if we had a 2/2.

He even had former employees hire the contractors, so when he didn't pay them, they couldn't sue him but ended up suing is poor employees.He has bragged about never being able to be traceable because he sets up his LLCs in such a way he can operate without legal ramifications,This man has no moral compass and has stolen the retirements of so many people.He did all of this so he could fund his new syndication business MENACE CON, with his other partners Nicholas Trevillian and Jason Von Payne...

They've performed well and expenses are extremely low.