I think our lawyer is just overly cautious - says that if the LLC want's to be shady they can shut down the operation and instruct for our deposit not to be released from escrow.In any case, appreciate all the advice - we agree with all your comments and that was our gut feel but always nice to hear some affirmation.

I am not 100 percent set on Delaware yet but my former employer built a big campus down there and continue to expand their operations in that area.

This is standard operating procedure for any real estate purchase, be it for a traditional retail buyer or a real estate investor.

According to IRS PUB 527:Repairs (Expenses): A repair keeps your property in good operating condition.

Any vehicle payment you use aside from our normal operations?

So just wondering how others operate with type-A personalities, and A.D.D. like me, but successfully pay off their debts AND save at the same time to get back to $0 to then move forward and take action by investing.  

Can someone refer me to an MLO or mortgage banker who is experienced in creating owner financed notes that comply with Dodd Frank for properties in Georgia?

House also doesn't have operable A/C...so I don't see any extra motivation to get this done "in the near future" with sweltering AZ heat. 

Depending on your cash, there might be other ways to invest in RE without ownership such as doing private loans, etc (make sure you comply with your state laws).

I have a couple key people that I speak to in operations and Shaun has been great throughout the whole process.