You are in debt because of decisions you made in the past, all you are doing here is recognizing what CAUSED you to make these decisions so you can be more aware the next time you are tempted, and make different decisions that help you pay down debt so you can create passive income by investing in real estate.3. make a list of all the reasons why you want to be out of debt.

You should also recognize that your preapproval is not reflective of what you can afford. 

California does not recognize series LLCs.You also want to look at whether a pass-through entity helps your bottom line and your taxes.

I recognize the importance of having a thorough understanding of the scope of work and associated expenses to make informed investment decisions.Therefore, I am seeking recommendations for experienced contractors or professionals in the area who specialize in property rehabilitation.

@Hunter Preston,  There is no profit or taxable gain recognized without a sale. 

I did not recognize the the name of the person that requested the service in the letter so I contacted my contractor and he did not know know who that person is.The company that sent me the letter is: Robertson's.

Lately they have been cracking down hard and doing audits on  conservation easement investments as they are not allowing these types of writeoffs as tax savings strategies to be recognized after the fact.I'd like to hear from you on your experience with this and if you've had luck with winning.

I also believe strongly in getting a mentor or a coach who is better at recognizing when something is a deal and when it isn’t a deal and who can point out potential pitfall.I like an analogy that Robert Kiyosaki uses about risk.

In a second time, you assign the beneficial interest to your LLC.The title of the property will read land trust xxx with yyy as trustee.In some state land trust are not recognized as entity, so the bank account should be under the name of the beneficiary.You can use a third party LLC or Corp as manager for the property.

Then, you'll be able to spot opportunities that most others don't recognize.