For example, there are some administrative legal fees I paid early on (notably: Having a lawyer draft up the PSA, and setting up my LLC which holds the title).If I ever get audited, what will the be looking for?

I'm currently offering full market value for LOs with 10% of the price paid over 24 months.

You will be paid back your entire investment on your first sale.

Hi all
Looking into finding properties before the foreclosure process occurs. Any idea where to start?

Also, as long as that mortgage is paid on time the lender won't call the note due. 

I definitely recommend getting pre-approved to buy so you can pull the trigger when something hits the market.

I would say no because 1) she doesn't report her income (not a good sign) and 2) if you feel a larger deposit or extra prepaid rent above what you would normally require, it would seem that you are already expecting her to be a liability - which usually, they will be. 

2) does the all-cash-purchase money have to be paid by the LLC's account when buying the house?

Closing my first deal in the fiercely competitive Bay Area seemed impossible at times, but persistence paid off!

@Christopher Fernandes Have you already been pre-approved for a VA loan?