In addition to Bryant not completing the work after we had already paid him, we found his work was very shoddy, and completely poor workmanship. 

If you are financing 80 percent or more of the property, positive monthly cash flow to start out, is going to be very difficult.

One note on the positing - I would consider posting on Facebook as well and maybe even Apartments.com, etc.

In my evaluations, I want my smaller properties to have positive cash flow. 

Additionally, the Administrative Relief Adjustment Form 8082 will be used for all other corrections not related to depreciation, which amount to $9,376.

People end up abandoning lots all the time because of title issues, sinkholes, ground contamination, setback and other zoning problems, and a whole host of additional problems. 

Drawbacks may include additional fees for out-of-state registration and possible confusion with managing a remote LLC.2.Wyoming's laws and regulations may impact the management and operation of the LLC, such as annual reporting requirements and taxation policies.3.Specific requirements for out-of-state LLCs owning property in Texas may include registering as a foreign LLC and appointing a registered agent in Texas.4.There may be restrictions or limitations on the LLC's ability to purchase, sell, or finance property in Texas, such as compliance with state laws and regulations.5.Other considerations to be aware of include consulting with a legal or financial advisor, understanding tax implications, and staying current on any changes in laws or regulations that may affect the LLC and its operations.

After a few years, you would start to see positive cash flow. 

We feel good about this as it almost sold awhile ago for this exact amount and has been appraised around this as well.I'm in the unusual position of being able get financing from a private lender.

This is a house that has additional square ft added on, so they listed that as the reason for marking the question as positive, as new foundation and support was added for the additional sqft.My question is: Is it a standard practice to check this box as "yes" in the disclosure when additional square feet has been added on to the property?