I think too many REI focus on either CF or equity, which is a mistake. 

I don't think an S corporation makes sense with $80K of profits but you wouldn't have to make much more than that for an S corporation to make sense?

I don’t think the list price factored in these items, it was listed above market value and in worse condition than comps.

I'm biased but I think OKC has more long term upside.

I think market auctions are better for newer investors because you're able to see the inside of the property and the property will be delivered vacant.If you win you will have to provide a deposit that is held in escrow until the transaction closes.

I think you have a solid basis to sue them for all of the damage - though getting them to pay will probably be difficult.I only asked about them being related to you because such a situation can cause awkward moments at the next family reunion!

Easiest option I'd think to push would be DSCR.

Why do you think purchase contracts are so long and have such small print?

My thinking is if they sign off via a letter that could be recorded and they are eliminated out of the chain of title. 

I live and invest in the Lafayette area myself - I own several in the area - broussard, freetown, broadmoor etc There's a decent market here, I think it's somewhat competitive but there is some availability as wellOff-market is the way to go 100%Purchasing a starter home is a great way to get started - I turned my first home into a rental before I even looked into real estate investing.