From what we are being told by Dr Cole, the MUSC president, and other admin it is a go.  

I think it is very telling and gives a preview of what the whole country will look like after a socialist presidency.  

Also, an LLC can elect to be taxed like an S Corporation.While there is never only one answer that is correct for all circumstances, there is a general rule that is almost always the correct choice.

I discussed this with an attorney and found out that the contract was valid and we had every right to move forward (the seller didn't just sign the agreement, but also provided testamentary letters and death certificate).However, I elected to basically do what @Jeff Rappaport suggested.

Placing properties into a LLC that elects to be taxed as a partnership will not subject the income to self-employment tax. 

Here is part of an article found on smallbusiness.chron.com An LLC that acts as its own registered agent will not have the added privacy enjoyed by LLCs that elect other businesses to serve as the company's registered agent, according to SCORE.

The President is Bobby Bustin and the VP is my banker Chad Hinton.  

A single member LLC has NO effect on your taxes, unless you elect special tax treatment and the IRS approves that.  

Cameron Chesney,That would depend upon if you elected to have the business treated as a corporation or just allowed it to stay as a disregarded entity.If you did elect for corporate treatment, you will have to worry about estimated payments, withholding returns and so on.As you start to complete deals that will be different.

or Maybe I dont put myself as the President?