This also leads owners to ASSUME simpler is better when it comes to management contracts.

Wow police that's outrageous. what we do in Orygun is flaggers are all women owned business's and that's how the contractors are able to maneuver city state contracts that require a certain amount of minority owned business. 

Actually the IRS does not tell us what we can invest in, only what is disallowed (life insurance contracts and collectibles).Allowable investments for SDIRA investing include the following:Residential real estate, including: apartments, single family homes, and duplexesCommercial real estate Undeveloped or raw landREITs (Real Estate Investment Trusts)Real estate notes (mortgages and deeds of trusts)Promissory notes Private limited partnerships, limited liability companies, and C corporationsTax lien certificatesOil and gas investmentsPrivate stock offerings, private placementsJudgments/structured settlementsGold bullion Factoring investments

In 2021 and early 2022 most properties in my market were going under contract within 4-5 days, with offers 20k-30k over asking.

There needs to be someone similar to Always Marco on Youtube with the MLMs where you have someone exposing gurus who sell ******** courses.If you want to legitimately learn wholesaling, stop wasting money on ******** courses, and pay for such things as hiring an attorney to properly set up contracts, hire people to do inspections and appraisals, and hire CPAs to make sure that your business operates properly.

In the future, and this goes for all househackers renting a room in your own home, you can choose to use more discretion when picking "tenants" because they're legally seen as roommates FYI.

MY QUESTION: 1.WHAT SELL PRICE SHOULD BE INDICATED ON PURCHASE CONTRACT?

An LLC is useful for two things: anonymity and legal protection.

It will also allow you to meet various vendors and contracts that you'll need throughout your journey.  

After discussing their goals, we realized they would like to maximize the property's value while also including me in the process, given my background in general contracting.