If no deals eventuate over the next 21 months despite your best attempts, well at least you will then have your answer.

Simply click the box in the upper right corner of the post!

Even for rehab-and-hold, using the LLC simply complicates the picture relative to doing it as sole proprietor.I trust anyone reading this does so with all the normal caveats about everyone's situation being unique and blah blah blah.

I have no experience in the real estate industry so i'm kinda scare of even attempting to push my first deal!

You can simply pay ongoing licensing dues to your state and fill ongoing education requirements as a broker and be fine with compliance.     

You can work with a reputable turn key property provider, or very knowledgeable local real estate agent who also is an investor.Note that the great majority of real estate agents do not work well with investors because they simply don't understand investors and their needs; and they are usually limited to properties on their MLS ( which often is not the source for the best deals).Having invested myself out of state since 2003 I've come to learn what to look for and can talk about this extensively.  

I don't attempt to get around the due on sale clause.

Of more concern than the enquires might be the percentage of your total credit outstanding.You can view your own credit profile by simply visiting the website of a bureau (i.e.

Ask them to simply pull recent solds, last 6 to 12 months within .5 mile radius.

I'm wondering why the banks choose to auction some properties and simply list others?