Be more polished, informed, and hard-working than your competition.One of the biggest complaints I've heard regarding RE professionals is lack of responsiveness.

She's stuck on it being worth 50k, which in a time when there is no land for sale below 30k an acre, I still see it as a great deal even the back 3 acres aren't the best and can't be developed.

Although no two people have the same experience while starting out, here’s a structured approach to help you get started:1.

There is no prior experience requirement, you just need to pass the Statutes and Rules Exam (SRE).Curious how other flippers in Arizona go about this.

I have not yet notified the buyer who clearly has no idea of the restriction.

No the one year occupancy is not just ignored for the seller.No idea what Mom's income, credit and assets are so cannot tell you if she helps your profile or not.

It has no ventilation or ductwork in it.

I'd suggest that TX tax sales are a better match than the IRS levy.This discussion makes me suggest that there is no clear answer to the OP question and that it would be location-specific, facts-specific and likely advisor-specific.

Simple answer, yes these are all normal things to utilize.However, as to how they are used - that will depend entirely on where you are going and what you are trying to accomplish.For tax purposes, given it is generally a bad idea to use an S-Corp or C-Corp for holding real estate, any other tax structure will have absolutely no difference from one another - IE an LLC taxed as a partnership, an LLC wholly owned by you and disregarded for tax purposes, owning directly, or owning through a revocable trust - all of these have the exact same tax result at the end of the day.

The biggest lesson learned is to stick to your crystal clear criteria, don't rush it, ensure the tenant is qualified, and your chances of success are large!