ive got a potential seller with an existing mortgage left over of 190k an the home arv is abt 310k how would i go about my offer price formula with the existing mortgage? 

If you are just getting started in multifamily real estate investing (perhaps making the jump from SFR – single family rentals – or flipping) – make sure you are well prepared if you jump “up the ladder” too quickly – the world of 2-10 unit multifamily investing can offer a great “bridge” between SFR and Multifamily for any budding real estate investor.

We have a older TOH park and getting big offers from hotel chains to buy, close and redevelop. 

For example, a home equity line of credit (HELOC) might offer a more flexible solution to fund the repair without the commitment of a second mortgage.

The LLC offers no advantage here so forget it.

You need to keep track 100% and not give the owner any grief about a PM contract in place that prohibits a different agent from selling the property while you have the PM agreement.I also want to see that you offer compensation to tenant representation in case I have tenants for your properties. 

Spend a lot of time on google and youtube to determine what type of offering/company you want to setup and how you want it structured.

Michael wasn't exactly offering his expertise to me... so what does it matter what credentials he has?

Curtains are okay, but they tend to offer less protection depending on the tub design.

I know a good deal when I it pops up on MLS, but it's gone in a day or there are 5-7 offers.