The file will likely stay open in the building department.

I mean its 2015, doesn't seem like their are many new individual wholesalers left, maybe that might be a good thing but what i don't know is, before i put the amount of time i am about to devote towards finding distressed houses, filing lease options, assigning contracts, etc... is there still business out there to be done.

@John Thedford if you file your LLC as an S-corp you owe tax on all your profits made in the company even if you leave all you money in the company.  

I was born and raised in Canada, but am a non-resident who is self-employed in the U.S. and file all of my taxes in the U.S.

Serve 14 days on 2nd day if they don't pay.3. if your lease states the lessor is the LLC and you file the 14 or 30 day notice and the court paper with the LLC name,  the judge may toss it out and require you to resubmit it with a lawyer. 

Bankruptcies, sign up for PACER so you can look at the filings (although I admit I don't know why the BK is an issue.

You can file for an LLC by yourself for about $100 most places and you can't do it incorrectly.  

However you have the option to file under the de minimus provision of the tax code and have any cost under $500 be considered an expense for tax purposes.

Hi @Joshua GreenwaldI am an investor in CT and just a heads up, I believe the rule here is any lease longer than 1 year needs to have a notice of lease filed in the land records. 

However, any foreclosure notice in the clerks office will be post foreclosure filing not pre-filing.