We purchased the home on 05/04/2022 for $158,000 and sold it for $200,000 on the same day.

If we put the home on the market we would lose at least a month rent and utility cost.Some background on the property is that we put 120k towards a down payment at 6.125%.

For example lets say you are gonna make $50k on this and the delta on taxes might be $7500 which that price if it is November 2025 when you have the delta in taxes recouped may not be worth it if home values are decreasing. 

However if you only invest it in training, then at the end you have lost $50,000 and still don't own anything.There are a lot less inexpensive ways to learn about real estate in my opinion.Don't fall for any high pressure techniques from any guru.....the typical scenario is to go to a free 2-3 hour training session. 

They purchased a few homes, renovated, and jumped on Bigger Pockets when it was young to establish themselves as authorities.

If you have loans on these with personal guarantees that also have your name on them then your two options really are sell the assets or buy them out -Which typically if it’s contentious will require 2-3 valuations - each party should get their own and if the numbers are not close then get an independent third party and average the numbers.

I'm wondering, do you typically engage an attorney early on to assess the situation and what will be needed?

To answer your questions, we typically average $400 ADR, w/ a 40% occ - NDU football is the driver.

Hi there, my brother and I have just formed an LLC with the goal to flip a property. This will be our first investment and have found that we cannot get a loan under the LLC without 2 years of P&L statements. 
We...

Ko how about if both homes were purchased together since its the same seller?