If you consistently analyze properties, it will be much easier to recognize a good deal when it shows up.

Unless your town is so terribly small you're afraid someone will recognize you and steal your thunder, you'll get a lot further if you give some details.

If you are a single-member LLC, it likely won't matter how you take payment as the IRS does not recognize single member LLCs anyway. 

However, the market is changing, and if a seller recognizes that and you can find a seller that's willing to sell for actual market value, then I'd jump on it! 

If you consistently analyze properties, it will be much easier to recognize a good deal when it shows up.

There are no violations, code issues, or liens on the property from our understanding.I would like to know if it is possible to get a letter from the city to see if it can be grandfathered in or recognized as a fourplex. 

@Chris Geer If the only access to a property is by crossing through another property, the law usually recognizes an easement.

If you consistently analyze properties, it will be much easier to recognize a good deal when it shows up.

I've even had to have buyers sign waivers before entry is allowed, even though my understanding is that Virginia doesn't really recognize those kinds of waivers. 

In order to avoid the 40.0% ordinary income tax, we would have to wait until November to close on the transaction to recognize a 25.0% long-term capital gain tax.