Long story short, not only did I commit the rookie mistake of paying for the remaining work in advance to the sum of $2.2k of which the work was never finished and no refund provided because of a sob story I won’t delve into.This gentleman was a foreigner who was legal and had a social security card for working purposes.

Account Closed Ironically I did due diligence on the HOA last year when I bid on the property that I eventually lost.  

It would serve the purpose of having access to funds for an emergency, but would reduce the cash drag on the portfolio.For what it's worth, I hold another $20k or so in personal cash reserves that are separate from my real estate accounts - in case I lose my job, etc.  

Even if you can clear 75% of your rent, the banks are still likely to discount that percentage for borrowing calculation purposes anyway.

If you have a loan on your LLC's name, and you have a "personal guarantee" since your LLC has no credit history, does that expose you to liability and piercing the corporate veil, defeating the purpose of the LLC?

It's easy to get anchored to a low asking price, but it was probably set low on purpose to draw multiple offers.

Leveraging the equity in your primary residence for the purpose of prchasing another property is not the same as taking out a mortgage against that property you intend to buy. 

Thanks indeed, @Marcus Irons !

What is the purpose of the antifreeze in drains test?

An estate can sell property, with proper approval by an Administrator or Executor. may need court approval.For title insurance purposes it is best to wait until the estate is settled and title is conveyed.Another point, trying to sell with a tenant in a property can have other difficulties, if the tenant isn't happy to assist and move on from situations like this, it's probably best to list or begin sales activities after the property is vacated.