I'll skip the details, you'll find thousands of posts on BP on why.You probably want an LLC for your flips in the State where you flip.

@Mary Lopez It definitely depends on your scenario and the details.

Once you get the deal under contract, your RE attorney will also run a detailed title search to uncover anything else of importance.

Feel free to PM me for details if you'd like Sorry Sergey but I must've been half asleep..... 

I would try to negotiate something like paying them $1500 and then negotiating an amount to go back and do the punch-list items which might be another $1000.Yes, in my example you are paying a little MORE than you anticipated, BUT scopes of work are often not detailed enough to be 100% clear to all sides.

If you're interested in more details, please feel free to call/text me on 860-807-5661

Couple of details that would help the community here: what's your estimated value of house "A", the loan balance, and monthly rent?

We plan to be as thorough and detailed in our research and due diligence when calculating ARV and rehab costs.

I sat down with a tax attorney and we looked at this in detail. 

Quote from @Carlos Julio: If you are looking to invest in Cape coral Florida, send me a PM as we are looking to dispose one property using creative financing (subto) Will send you more details as I don't know if I can post details hereThanksInterested, please send details