@Joseph Whitton it’ll be super great with hurricane season...be sure to carry good insurance on them.

Second, rather than putting all of your entire nest egg into a single property, where you would be exposed to significant single property risk from lack of diversification, you can spread your money over many properties, with minimums for accredited offerings typically around $5000 to $10,000.

And even when I have found answers that I'm somewhat confident in, I don't want to risk money based on whether or not I found the right website on Google or whether I interpreted the relevant Idaho legislation correctly.My understanding of the Idaho law I linked to is that there isn't a redemption period after the sale takes place.I'm quite new to this, so I don't have a title company that I use regularly, but that is definitely a valid point as I'm sure they have insight into the process and be able to help clarify it. 

So if you plan on holding the note it can be lucrative and worthwhile but if your end game is to sell the note your better off selling the house at a reduced price.Also if you carry the note make sure you use a licensed 3rd party servicer as many note investors shy away from notes which are self serviced

Whether your tolerance for risk allows you to scale to larger purchases, or you'd rather mitigate some of that risk and buy smaller properties is totally up to you, your goals and your comfort level.

But the disregarded and actual reporting of the property plus the added rationale of lender requirement makes a strong argument.But yes an unseasoned or asset stripped LLC that is also disregarded is considered a lending risk and it will be tough to find a conventional lender who will lend to it. 

Vince Mack Wholesaling is promoted as low risk / low cost way to make money in real estate but it’s tougher than the gurus make it sound.

.,   The real risk you've been running is that the quit claim into the LLC could have triggered a due on sale clause in the loan unless the lender gave you permission. 

Cost (fixing inspection items, carrying cost, staging) (3%) = - $3,960Subtotal Profit: $112,200Additional money in your pocket after 2 years of doing the Sandwich Lease Option = $16,200

The way I see most often is a Renovation Builders Risk Policy.