Wholesaler who found me through database records.

We can easily cover the mortgage with our W2 income and we anticipate we will cover the mortgage and then some with the STR income (it has a track record of this with current owners and also comparing data from surrounding comps).

@Charles Carillo raised one issue.The other is attempting to save money on transfer taxes by purchasing the business via an unrecorded agreement rather than the land via a recorded deed. 

What I wonder is how the LLC gets enough of a track record to start qualifying for loans? 

We are looking for one record keeping system for both our flipping project as well as our buy and hold properties...

I believe in all likelihood the property is in probate seeing that ownership hasn’t been updated on the public records site.

We may have an opportunity to turn a 16 unit motel into an apartment complex in CT. all rooms would be studios minus one 2 bedroom apartment that is existing. i have been in talks with the town's building department and just need to speak with zoning now. all sounds pretty promising as far as any hoops we need to jump through. does anyone have any experience with this?

Purchase price: $130,000 Cash invested: $38,000 STUDIO NEXT TO NJT LIGHT RAIL SYSTEM.

Crowdfunding makes real estate easily accessible, however, in regard to institutional real estate investments, the advice of an expert who works in the industry every day, knows all the players and their track records, and performs due diligence on each offering is a great benefit to you and comes to you at no cost. 

So over the years we've developed some rules of thumb for determining potential renovation costs based on information provided in a listing, including the pictures and anything we find in public records on the property.