You CAN create a limited partnership and define the ownership as you please, but the members can not sell their share; if a member wants out, the others buy him/her out.When we say Shares, think Stock Exchange share which are governed by the SEC.When forming a legal entity, you would acquire the right to sell shares openly ONCE registered with the SEC. 

Surely you will say, yeah but Dave wouldn't a six figure salary help you acquire some more properties?

I have experience in rehabs and short sales but never in acquiring a property through buying a non-performing note directly from the lender and then foreclosing.  

Kee:Ownership is severalty is defined as follows: When a person acquires real property and holds title solely in his or her own name, it is technically known as ownership in severalty.

Thus, if I acquire at a higher price, my purchase price would raise the average but the impact would be smaller than if they were using my purchase price as the valuation. 

You need to find out if there is a way to acquire or purchase lists of buyers in your area, possibly from your local tax records to find out all home sales and then try to find the investors in that list. 

Analyzing, negotiating for, acquiring, and managing positive cash flow properties is what I am the market for.

My focus is mainly rental properties but I’m also interested in flips to acquire more capital to buy more rentals.

Oregon has a very easy LLC forming process, my question is, if I form an LLC to begin the application process to acquire a loan, will my personal taxes be negatively affected this year?

We have been submitting offers like crazy and once accepted before the LLC is done, can the property be absorbed into that if acquired prior to starting the LLC?