All transactions would be for the benefit of the plan and you could not draw income personally.  

He was a friend of ours so we wanted to give him the benefit of the doubt, but once both deals were under contract he became more concerned about pleasing the other realtor and their client then looking out for our best interest.

You can have all of the benefits of Trevor's viewpoint without assuming all of the risk.An LLC is litigation protection from suits not covered by insurance (any alleged intentional fraud, gross negligence, health code violation, etc.)You want an LLC to hold the assets separate from yourself or the operations of the company.

My gut tells me that military presence might not be a big benefit to the pure flip model.I think military tenants are a great way to go, especially when you can attract a little bit more senior folks (E-4/5+ and O-3+) with families.

Learning by itself does not make one wise, but acting upon the information we learn for the benefit of oneself and to humanity is wisdom.

Community managers have:Limited authority;Often opposing goals (or at least they often think so;a propensity for changing jobs leaving you with new managers.Community managers normally cannot enter into joint relationships that offers additional real money benefits to the Lonnie Dealer.

@Richard Cook you will receive benefit as an owner occupant, which does have some value.

Plus you will be building equity, getting tax benefits, and hopefully some appreciation. 

Its better to just advertise all the benefits that a cash buyer would be looking for and then leave your number. 

According to FinCEN, these reports “underscore [d] the potential benefits of AML and SAR regulations for a variety of businesses in the primary and secondary residential mortgage markets.”