Every step no matter how small is a step closer to your goal.I hope you have great success.

Sounds like you've been getting in the mix, which is hands down the most important step in becoming successful with REI.

My first step would be to have a quick talk with my lawyer.

You would get the stepped up basis at the time of their deaths.Assuming you don't want to wait, an installment sale does have the advantage of spreading out the gains. 

They want you to fund it, they will hire a property manager and then step back. 

@Jessica Geisler As you step more and more into the world of real estate, you will realize that .... targeting to be debt-free, while at the same time build a large portfolio of real estate assets don't always go hand in hand.

If you call the state of Iowa, they will walk you through the steps to form your own LLC- it's a $50 fee to the state.

Also go to the Wholesaling forum, there are a ton of articles on the steps.

Is there a place i can go on this site, to get help with the step by step process of being a whole seller?

Building would be worth upwards of 20mill + 2. the property i own that is in the middle and the best lot for the project used to have a house on it, but we demolished that and it is only land value now.. practically free and clear.. banks i've spoken with will not loan me money on the land. 3. the costs to get the plans can't cost too much considering the value of the project... not trying to update anything, but want to tear down and either build or sell. 4. plans and permits could take 3-6mo ?