We have properties that have machines that we own in our laundry rooms as well as properties that have machines from a vendor.It comes down to whether you have an existing contract in place (these tend to be long term - 10yrs and often inherited) , how much use/income you anticipate and whether you are willing to take on the maintenance of the machines.For in-unit machines, you can buy and rent them out to the tenants or you can partner with other vendors who will do a revenue share.Hope that helps.

The problem occurs when I mislead the seller into thinking I am going to purchase the property myself when all I really want is the option part of the purchase contract and an opportunity to try and find a real buyer at a higher price.The whole reason this exists is the way real property is transacted in the United States.

Or do you typically keep the existing staff on at the complex, provided it’s performing?

Typically this means they will take longer to close, may not have all the information of the companies they work with, and most hard money brokers get their money by taking an existing product and adding extra points to pay their fee.

Typically this means they will take longer to close, may not have all the information of the companies they work with, and most hard money brokers get their money by taking an existing product and adding extra points to pay their fee.

Would transferring existing properties to new LLCs give each a fresh insurance history and keep them separate from other policies in case of future claims as well?  

If they are not in the state of business activity then it again generally needs to be registered with the state of the business activity otherwise it doesn't exist for lawsuots in that state which defeats much of the purpose of having one.You can have nested LLCs depending on your needs but that is generally used for high equity transactions, say $1m or more.

Those 100% no money left in type deals do not exist anymore in real life outside the get rich quick class. 5+ years ago those strategies did work on rare occasions but you still didn't need to pay a guru with all the free info on BP.

For example a cash-out refi then you could add that cash from the refi with the existing cash you already have to increase purchasing power.

The thing is (I've since researched that ), the pin-pile approach "holds up" the foundation and prevents it from sinking further, but it does not actually address or correct the existing sink.I got another bid from a bigger shop, who's process is well advertised, and whose pricepoint came in at ALL-IN $37k, paired down to just the minimum, still at $28k.