At this point you have just assigned the executed LOI to a new LLC.In a perfect world and how large syndication companies do it, you would have a LLC with nearly $0 assets that you just make offers from; but to start off, you can use your name or another LLC you have.Ask your attorney for their advice prior to making any offers.

There is a caveat, the house is owned by my corporation of which I am the sole executive.

Typically, the TK model if executed at a high level will reduce your risk by avoiding those big ticket expenses in the first few years, the downside is entry price to position you for that experience. 

I wanted to share a story of overcoming obstacles and 3 lessons I learned along the way with executing the refinance step of the BRRRR strategy.

Has anyone done “luxury” BRRRRs or executive rentals and had success?

The Florida Bar Purchase Contract that is a staple in our industry provides that if a property is to be tenant occupied after the sale that all leases and pertinent data is to be provided to you within 5 days of executed contract. 

When another investor and I agree to the transaction, it would be nice if there was a service who I could send the money to for them to hold "in escrow" until the other investor delivers the executed assignment paperwork.

Before executing your strategy you should gather recently sold data on at least 3-5 properties near yours that have sold in the last 6 months.

The QI can help as your guide through the process and strategies to execute and maximize your 1031. 

The seller's execution of an Owners Affidavit is a standard requirement included in a commitment for title insurance.