Keep moving forward.My small rant being said the vast majority of people here I believe are good, hard working individuals with a similar mindset to myself and I'm grateful everyday I get to work with them.  

But while I was there, I met an individual who brought the property to my attention.

Hi Jeff,In the scenario you laid out above, could someone start an LLC to obtain the HML but then be a rent-paying tenant as an individual in the property, essentially paying rent to your LLC or does that violate the Dodd-Frank regulation?

We are looking for like minded individuals to help us on our journey!  

As a licensed individual, if you start buying properties too far under their true value...you run the risk of sellers complaining to the real estate commission that you may have taken advantage of them.

You can repair individual tiles by cutting them out with an oscillating tool.

Me and my wife are young and eager individuals and want to learn a lot more about the Real Estate Industry in flipping houses from experienced professionals to beginners.

Not enough information to voice an opinion, but a few things I personally would need to know before I would make a decision on a similar property are - what is the market trend for that block ?

This house was the smallest on the block which is exactly what you want. 

Louis 1-2 blocks can turn a great investment into something terrible, and vice versa.