If not, is the LLC the current borrower or financed to you and your business partner individually and by "through an LLC" you mean you transferred deed to the LLC after individual financing?

(ARV $110k, $40-50k in + purchase price + holding + transfer/purchase)And a mixed use commercial property I really want in a heavy traffic area that I need to convince the owner that he's overpaid.

So, a little background: I'm 24, just returned from Barcelona, Spain where I earned a Master's in International Relations, and have since been working as a historian. 

I'm sure you'll find ways to transfer your sales skills into the world of RE investing. 

If you don't want to use a property management company (although there are some property management companies that will help you find a tenant for a fee but not manage them, something to look at if you struggle to find a tenant, they will do all their screening and showing of the property, have the tenant sign the lease and collect the first rent and security deposit, then transfer the tenant to you), then find an application online for prospective people to fill out, make sure they have verifiable income, there are companies online that you can do background checks and credit checks.  

I know a lot of lenders wont lend to an LLC and it can be tricky to transfer to an LLC.

Installment Land Contract AddendumSection 4"Transfer of Interests in Land Contract. 

The way to get around this is simply to transfer title into a land trust, rather than your personal name. 

@Chungsoon HawWe have a duplex in which we rent furnished rooms to {international} university students.  

This deed would then be held in escrow until closing and recorded along with the deed from her to make a complete transfer of title.