Holding cash is viewed as holding a hot potato.

If looking to flip, find properties that are at a discount due to condition or seller motivation.When viewing the property, you've got to get the seller to: entertain your price, entertain your offer terms.During that conversation, you'll ask about their willingness to do seller financing or subject to.

Its one thing to buy a Ural and get it licensed to ride in the US, bringing a building up to code might be a very different experience.Some have stated it's possible to view Russia from Alaska, maybe that is the niche that lowers the hurdle for you?

I understand that property records would still show that I am the property owner but I am curious if this would be a step in the right direction for future deals and having the tenants view me as a "manager" of XYZ LLC instead of owner/landlord <insert name>.Thanks!

First, NJ auctions at sheriff's sale are:1. cash only, 20 percent down at the time of auction2. as-is3. no inspections, no viewings (unless you seek out the homeowner in advance and get access on your own, which is rare)4. you are responsible for all liens.

Forget headaches from a financial point of view what do you think would be smarter?

If you're only getting advice from person you're missing out on different points of view.

Beautiful views, rentable space, large.

If your LLC is a single member LLC treated as a disregarded entity, then it really makes no difference whether the tenant makes their rent payment to you personally or to the LLC, however, your attorney may have a dissenting view. 

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