Some details-LLC will have same members, loan will be paid off.I briefly talked with a CPA and he suggested that we sell the property to a new LLC. done.Is it going to be that simple?

One other detail I thought of.

Some owners will want to know about every maintenance item that comes up as it does, some are OK with seeing it on monthly reports, some owners, typically long-term clients, trust your judgment and may only ask for details about this or that if the item is unexpected or unusual.- Yes- Quarterly would be slow; most PMs send these each month.- How you pay PM fees and structure, you have some discretion over.

@Chris Wilburn - I just talked with your contact and the detail you mentioned are legit.  3% down, no PMI, 1-2 unit properties with a max loan of $453k. 

The reason I went into such great detail about my background and current financial status is that I believe I have lots of potential to hopefully (God willing) become very successful one day.

Strangely, maybe 50% of them call.Most escrow or title companies have a simple demand form you can request and fill out detailing the payoff.

@Jean Camille I can explain to you in great detail about the FHA loan. 

Hello BP,Im currently looking to connect with more experienced investors in south fl doing larger deals. 10-20 units.I could swing 10 by myself but interested to ride with a bigger investor looking to partner on larger deals.I would be an equity partner only.Also looking to lend hard money to  active flippers and investors in the Delray Beach area in the shorter term while waiting on the right larger deal as a buy and hold.Direct message me for details and available cash available to lend.

I used that method and have explained it in more detail in other threads or in a book.Moment number two – as a broker, I began doing real estate syndications and raising money.

It was just the holding deposit document which said mentioned my move in date and gave details of the rent in case I sign the lease.