My second question is how do you structure your hold and sell time period.

In comparison to the list produced in Harris County, it's very difficult to pull out the physical address, adjudged value, etc in a legible form so as to make sound decisions in advance of an auction.

Do anything significant - structural, windows, roof, electrical, plumbing, or HVAC - and you'll need permits.Check out J Scott's Book on Flipping Houses.

I want to ask about how to structure this deal for all of those who have experience.

More paper work now you have different bank account structured under LLC.  3. 

I spent 1 month there back in the early '80's on my Aust. passport & also picked up a little of Russian by necessity.One intriguing issue I found in coastal construction, particularly the various early 1920's Mansions, was the structural failure of the cement used.

Homeowner's insurance simply covers the loss of the physical property.The only thing that even remotely comes to mind would be mortgage insurance, but I have never seen mortgage insurance factor into a HELOC?

But to be honest, I'm not sure how to structure in the eating when I'm not sure what's being killed when it comes to raising capital.

@Ryan McKenzie you should be able to just give it back if no one comes forward if you've structured it right, correct? 

Here are some things to keep in mind:1 - You may want to place structure on gravel so it's consider a temporary structure.