You might want to consult a competent CPA to give you better advice than I can and also about why you may need an LLC (tax benefits etc)

Consult with the historical society and be sure to pull every permit.

I can recommend another commercial lender as well - see Bob Neumann at Texas Funding & Consulting.  

If im out of reach and the property goes through some chaotic situation, the property manager has someone to consult on what to do if im on the other side of the planet.

I am an SAP consultant, few months ago got a better job making 118K per yr.

I was told be a few realtors that you cant unless you are a broker One told me its possible as a consultant But of course anyone in theory under the table without paperwork could give something to someone If its a lot of money one would have to pay the 40% tax if its an investment deal as an intermediary but not allowed to sell propertyA lot of frustration aroundBut if I got someone to pay a friend to build a mansion would it be legal for him or my friend to pay a finder fee of 6 figures?

Would I need to consult an attorney?

Im really stuck on how to proceed, and the attorney I consulted with today wasn’t able to paint any sort of clear picture for what I should do.

I will buy and hold properties that only need paint and carpet touchups that cost between $50,000 and $100,000.Think of this before you open up the LLC.You should consult with an attorney when setting up an LLC.

@John Casmon a one-time consulting might develop into a career long relationship.