Send me an email and I will tell you my opinion on this issues.  

Buying a flipped home can be risky for several reasons:1.

However, I want to avoid issues acquiring more properties under LLC in the future.An idea to avoid this, is to setup an LLC property management company that manages these properties held in Trust.

Investment Info:Single-family residence fix & flip investment.

Hello,I am currently in my search for my first fix & flip.

I am a realtor, so I will be my own buyers agent.What I meant to say was, will it be for SFR, fix & flip, duplexes, rentals, lease option, creative finance, mobiles, land, commercal, group housing, MTR, STR and so on. 

I would like to meet and work with some investors that do fix and flip and buy and hold to get some investments in the pipeline while working on the land development deals. 

However, we're having doubts because: 1. we wouldn't be able to afford the PITI on our own for longer for >6 months without the help of rents, so we're depending on the house hack to be able to afford this house, but not sure if that's a bad thing or not and 2. not sure if this house is too much house for us financially and we're in over our heads about what we can afford.We've been super excited about this place until we realized the issue with the illegal basement and now we're overwhelmed with the thought of potentially not even moving forward with the house.

I am looking for flips in the Southern California area.

I see your situation as different from situations where a rent payment made by a personal check that got lost in the mail, because in that situation, the tenant can simply cancel the prior check and issue a new one to you.