According to one of my attorneys the property can be put back into an LLC 60 days after closing, but I would double check.

I plan on doing a double assignment or a close.Total NEWBIE question I know!!

What if I bought this at 70% of list, what if renovations cost double what I'd expect, what if the average rent in the area dropped $100 per door.

@Shelby Smith Maybe some commercial guys can jump in but its my experience ( albeit limited ) that commercial agents work in this manner1. they get a listing and they ALWAYS try to double end it to their buyers FIRST2. if they can't sell it they open it up to their office.3. if the office can't sell it they then put it out on loopnet coaststar or in rare instances MLSCommercial brokers do not work under the same code of Ethics and rules RESI agents work under..

The historical fact is yes and they will pay double 10+ years down the road.

The 3 houses are located directly next to each other 222,224,226 and are being sold as a package deal. 222 and 226 are single family houses currently being rented at $800.00 Plus the cost of utilities . 224 is a double unit that is also currently rented at $400.00 plus the cost of utilities.

I know how to handle the mortgage aspect ( private seller carry back and double true value) but it appears we have a very bad actor in AU... let me know and I will hit you off line.

We made improvements to the property with the permission of the deputy and now that the home is lovely, they want to evict me to double the rent.  

It would have been double to build in the SF Bay area for example and half to build in say Texas !!

If I had 2 or 3 under the same policy, would the insurance double and triple or is the next property going be only incrementally higher because I covered the initial costs?