If you want a lot of paperwork you will typically end up with a larger residential contractor, who has staff (sales and admin) on payroll to do that.

Are you saying the liability portion of your insurance costs you $500 a year or the entire premium is $500 and includes $180k in property insurance?  

His broker has instructed him to write our Agreement of Sale under me and my husband's personal names rather than our LLC as I expected.  

So, if you find a company capable of doing cosmetic repairs to the pool, I would keep it as a feature of the property for sale.

Private Mortgage Insurance is simply an insurance company insuring a portion of the mortgage.

Hello good folks of BP,I have a problem on my recent property sale.

Now when we sell this subject property,  should we distribute proceeds to each partner of LLC and they handle their taxes themselves OR, should we first take the sale proceeds into the LLC which will call for capital gains tax and then distribute funds to all partners and then again they may have to pay taxes as their income for the year on the profits.What is the best approach in such scenario.

How do I get some idea of the average days on market in particular markets for house sales without asking a real estate agent? 

I actually bought a 4 unit a mile away for $45,000 last year but that needed about 30K worth of work so I feel this is about right as this one is turn key with no repairs needed.The seller financing deal - Sales price $63,500Cash at close from me $50004 year note @ 4% for remainder ($58,500), monthly payment of $1000 with balloon at the end, no prepayment penalties.Monthly projectionsIncome =     $2200Expense=    $220 management                     $220 CAPEX = No problems yet but "Unknown age" on the roof and owner has had property for 20 years                     $480 Insurance/taxes = Total taxes for 2017 were $4982 on assessed value of $78000 plus $600 a year for insurance

For our ARV we used townhouses in the adjacent developments that are slightly more modern, but priced below those.All of the buyers realtors are looking at the previous sales in our development as comps, and saying we are over priced.