Something that would probably be a great fit would be a bridge loan. 

The numbers seem decent and it fits the 1% rule but make sure you are not being optimistic with your numbers and are being as picky and exact as possible.

Either way, the fire has been lit and we are actively getting involved in the REI world and meeting other investors and are ready to just get in the game.

This trade or business requirement can be particularly difficult for rental properties to meet and is usually based on the extent of the taxpayer's involvement in the rental activity.

@Maxton JohnsonIt really depends on what real estate activity you are trying to be involved in.It also depends on what your goals are.It is true that for a NY LLC to be established that it needs to have its information placed in 2 ads for 6 weeks.

She's independent and can find the best company to fit your needs.

Selling a big property here and a mistake can cost us over 1 million dollars.There are partners involved and LLC’s and trusts so we do need someone knowledgeable.We don’t know too many people in Florida so if someone knows very well the tax laws/IRS regulations, Please leave your phone no/email and I will gladly contact you so we can discuss details.

@Jo Zhou this is unfortunate for all involved.

Brian, yes,  however I was not looking at getting involved with some type of elaborate marketing program to sell these to investors, just thought about putting them as listings in the MLS.

Looking to get involved, but have come across several, such as:http://chicagoreia.org/http://careia.org/index.phphttp://www.reia.org/https://www.ccia-info.com/Not sure if there is much of a difference between the above or others.