For a contractor that has a track record to tie up the lot and offer as a build to suit  or have a design drawn up that's specific to that lot and then presell it's much easier. 

A non-exhaustive list of closing costs includes loan application fees, points, prepaid homeowners' insurance, appraisal fees, inspection fees, transfer taxes, escrow fees, attorney fees, recording fees, prepaid interest, prepaid private mortgage insurance, title insurance, and title search costs.Hope that helps.

Long story short the guy is a A1 class POS, scatterbrained drug head with a big-time criminal record and loves blaming his problems on anyone but his self and has a long history of similar events just like this according to his family lol not judging only speaking the truth .

Additionally, looks like Allegany County isn't super user-friendly when it comes to property records. 

You may be able to look up the sellers/buyers in the county records over the last few years to see if it was transferred between investors but not much more than that. 

There are Facebook groups, REI meetings (attend a LOT more), searching records for recent cash buyers, etc. 

This means they did not communicate to the tenants during the transition.Accounting issues: income for December was recorded as the full rent amount when only part of it was received from the previous owner via Venmo.

In some however you may avoid it by proving to your property appraisor’s office that there was no change in ultimate beneficiary,Once transferred you will need also to update the name insured on your policies and update your lease and utilities contracts.Tax wise for you, if your LLC is disregarded that would not change anything for you as you will continue on the same depreciation schedule as before and you will just record the tax basis value of the property as a contribution to your LLC.

But it also depends on how organized you are, if you bring detailed records to your CPA and they can your taxes, account for any depreciation, possible deductions easily then it might be cheaper.If you bring a shoebox of receipts and little to no records and want the CPA to be your bookeeper maybe they aren’t charging you enough.ThanksLuke

you will find on the open market.. set ups like this will have few takers for the note..note investors will look at this as a cash out sell you the property type deal.unless you keep the NOTE VERY low LTV and give a great return.. but you may find a note newbie that will bite.. but note investors that do this for a living wont do it at least those I know wont.you would be just as well to find someone to do a cash out refi.. but in practice if you want to try.. simply have the title company prep a mortgage if its a mortgage state and a note and record the mortgage like any other loan..