I am going to be a realtor soon and like everything BP stands for.

This guy is shady...the deed issues and title cloud will be a nightmare...if the Hard Money Lender gave his entity a loan and the entity is not in good standing, it does not exist.  

It is easy and quick and is sometimes also cheaper than standing up a new entity in that state.

The total rehab needs no more than 40k (interior needs lots of work, kitchen and 2 bathrooms will be full gut, the rest is cosmetic with some drywall replacement) to really make it shine and stand out from competition.The asking price is $87,000.  

If you had a lot more money/skin in the game you would stand a better chance.....  

If you did indeed decide that an LLC (not disregarded) with it's own TIN and filing it's own tax return) was appropriate then that LLC is not a foregin entity and becomes the tax payer for the property and could do a 1031 on it's own standing.  

They are very tech savvy and always keeping up with the new lead gen platforms.

Welcome @Terry Rose your in the right place for great content and platform to network.

With a little more information I can tell you what is to come and where you currently stand. 

VRBO is a good platform for short-term rentals.