Being a 1950s house, the windows/doors were wooden, poorly insulated and single-paned.

The second example is the same essentially, but by the individual being licensed, even if not acting as a fiduciary, appears to be a net listing, which is illegal in most states.If you want to wholesale, dont get licensed.

At least you have a rehabbed unit and have collected most of the funds owed you.It is worth noting that your friend might not be able to get utilities in her name, if she has poor credit.  

Your greatest tools when thinking about the location within a city are individuals operating on a daily basis within that market, such as Property Managers and Brokers. 

The vacancy of 5% is as bit low for my liking, but that's truly up to the individual.

The structure would be an Equity 506(c) The Ideas Already in place: -Brokers-Online websites such as equity funding platforms-Private Banking Firms-Relationships PPM document creator has with other investors-Forums-Companies that sell lists-Opt-in accredited investor databases-Firms that do the marketing with you (must be licensed)-FINRA broker-dealers-Individual securities brokers-Registered Investment Advisers-Private equity firms-"finders" for capital.

Poor craftsmanship can kill your profit margins on a rehab.

Is it possible to have the title of an investment property named as an LLC with 3 individuals as members with one of the members the sole mortgagor on the property?

Spent a little more than I planned mostly due to poor contractors.

When inquiring with the bank or credit union regarding their equity LOC product I would first ascertain how they allow the property be titled (individual, revocable trust) before even initiating an application.