If so, is there a conflict of interest at any point, or anything to be careful of legal wise?

I am full time and to get to that point it took many hrs, but used wisely.

I think it was a wise decision for the church group to cancel their demonstration.

Surely your broker is involved, and he/she has been around the block.Rich's words are wise regarding E&O and Liability.

The lease is enforceable regardless of who you transfer the property to, but you do want to show that the LLC is now liable and not yourself as an individual.It would be wise to inform your tenants that you are now acting as manager/member/landlord on behalf of your company which now owns the house.

Nothing outrageous, but outside my comfort zone distance wise for something that needed that much work.

Its pretty exciting that this one is almost done (rented) and I am really excited to work on finding a way to get the next one going (won't be as easy financing wise b/c no FHA, but I already have my eye on another property - see the deals forum for info about that one and let me know if you have any advice.)

You're wise to hold off on the lease/option and installment deals until we get the recent legal issues ironed out!

Tim, I think I know who he might be talking about also.Heres my ".02 CENTS" on it, please make your own wise decision.

And I have two deals moving through BoA now, though I just fired my negotiator due to poor service, so choose wisely!