Account Closed Typically, it makes the most sense to open your LLC in the state that you do business.

I also get tired of having to explain that by "making a relationship" with you, I expose myself to litigation if I ever have to sue a borrower for a deficiency from a foreclosure and oh, let's not even mention the part about how I have to explain to my state and federal regulators, or my shareholders that I failed in my duties to maximize recovery and minimize risk of loss by selling directly to some invidivual investor instead of exposing the property to the open market....you keep digging.

Thanks for being open to share a few items you feel are good value add opportunities. 

Looking at what money I would have for down payment, I am:Open to buying 300k property that would close no sooner than June 1st, 2018 Open to buying 1M property that would close no sooner than next June, 2019Part of me feels like it would be a good idea to buy now, take advantage of low interest rate, start smaller, and the other part of me is telling me to be patient. 

Sign the contract ...Make sure to schedule recurring bi-weekly meetings with the newly selected PM to level-set and discuss open issues.For a duplex, this might be overkill, but the process at this time is really the most important. 

However, outside the backdoor, it's just an opening with wall around it (like egress well).

For sellers, we insure proper state and local disclosures are prepared and available before offers are made; market beyond MLS & online listings, like postcards, flyers, Open Houses, agent networking, etc.; schedule showings and analyze feedback; assist with and analyze offers to insure you are protected, (ex., avoiding those trying to tie it up to resell or not really qualified, clarify costs involved or strange terms in offer, etc.); guidance through inspections (as many sellers get emotional and lose sale during this process), coordinate required repairs, resale packages, comps for appraiser to help avoid appraisal issues,  pest and moisture reports, walk-through, etc.   

This would be called an "Open Listing."

It's important to remember, everyone, regardless of how they speak or the terms they use can open doors to opportunity.

The title is a bit open ended, but what I am referring to is the following as mentioned in the BP podcast on many occasions.Browsing unit listings in my target area and cold calling the person that listed the unit when it seems like a self-managed property.