The main factor for me, if I try to correct the tax records, it might end up getting into higher tax bracket  and it may not be attractive investment anymore, but the big question I have is, will the city/county put it into higher tax bracket if we increase number of rooms and dont have to increase sq ft size at the tax records?

This will avoid needing to foreign qualify your out-of-state entity in the State you are buying the property in.However I am wondering, if I am forming an LLC, with the sole purpose of buying tax liens (I am a foreign national btw), and I don't wish to limit my tax liens acquisition in just 1 State, but instead buy tax liens all over the US..Do i need to foreign qualify my LLC in EVERY State I buy these liens in?

Tom - I will be attending the next "main meeting" for SJREIA will be watching for the other meetings mentioned.

For those interested, I am using the Small Company Offering Registration ("SCOR") form U-7 as the main disclosure document, rather than the S-1 or federal crowdfunding document series that companies use as the basis of a 'prospectus' for federal (SEC) filing.

Also, outside in the yard one area has very grown green grass, leads me to believe either main water leak or sewer backup. 

They have two mortgages one small construction loan and a main mortgage that is an Interest-Only ARM that resets in about 4 years.

Hi @Anibal MejiasThanks for the advices I understand now that from one block to the other, it could be 180 degrees difference My main target and strategy is income rental cash flow, yes I get the market’s appreciation is really low, and yes houses are old, but maybe for flippers, it’s not the bestI appreciate everyone’s advices and thoughts I’ll definitely be in touch Thanks

If you are going to start your mgmt llc, then you need 2 bank accounts and 1 saving.Mgmt LLC will need a bank accountthe Property LLC will need an Operating Checking and Saving (for tenant deposits)This isn't for tax purposes, but for accounting purposes.

I request a credit limit increase twice a year on my main card.  

Mainly for “moving too quick.”