Your contract terms should include novation/assignment language to your anticipated LLC as the title holding entity, hence Scott's advice above - once the LOI is accepted but before the PSA is signed (although you may not actually form the LLC until later).

Marie Tai Thanks for linking that site, I just signed up!

I'm trying to determine if I need to just be patient, keep dropping the price, or make improvements to the home.

Closed on 7/20/2018- Repeat On our way to buying an undervalued 7 unit (waiting for amended contracted to be signed by seller as of Friday) All of this was funded by a HELOC on my primary residence.

It sounds like you understand how to analyze a deal, so I would run both deals and determine which is most attractive.

Question for you how do i determine what are the numbers? 

Loftium signs a lease directly with you so you get higher rent payments guaranteed every month without the work of managing an Airbnb.  

Sure in theory the owner just signs a piece of paper saying you can take over ownership and he'll just up and walk away, as long as you pinky promise to pay the mortgage every month, but I guarantee you that there will be more unexpected hurdles coming. 

I am not sure if the question was addressed at me but I do not use rent role as my determination of success.  

I just decided to sign up for a home inspection certification course in Maryland.