Set lofty goals.

Medicaid rules keep evolving, and states all differ in how they set up their programs, some do it well, others just create big bureaucratic mess.

I'm in the game and taking action....thanks to BiggerPockets for the great resources and connections like @Bill Hampton, who helped me to set up my investment LLC.I look forward to quickly renting this unit and saving up for a 3rd home to add to my rental portfolio.

It will teach you the right mind set.

@Mark Kelley- We have some cash set aside for investing, however, we are in SoCal which is a pricey market. 

I'm asking for any experience and suggestions from any BP  members who have knowledge of a situation like this and what can I do to adjust my REI business model to deal with this.I didn't have flood insurance and hoping I get the FEMA grant that has been approved for the area.This is a very difficult time and thousands of people like me are doing everything we can to survive and come out of this in one piece. 

You'll have to figure your adjusted basis including a small amount of depreciation and untaken expenses and capitalized items.  

I am afraid he is going to set me back a week if he dosnt finish this weekend.

I'm looking for referrals for anybody that's can assist in helping set-up a legal entity for tax purposes the correct way, particularly in the Atlanta Metro Area.

The appraisal took this into account subtracting 15K per sale for an average Adjusted Sale Price of:=$320,347Even though my property was listed as Superior Upgrades along with 3 of the comps.