Find something closer or rework the numbers with a property manager.

So we will need to rework our LLC membership this year to avoid the tax next year.I think your only option would be to stop using the LLC or find a creative way to structure the ownership (only 95% needs to be family-owned).

Watermark has been around for about 3 years and basically have lower end assets for sale, seems to be the tail end of tapes that have been reworked.

I would still cash flow with a manager, but it's not as much as I would like.That being said, we don't live in a super desirable neighborhood (re: working class) in a much smaller Metro than Atlanta, so we are only about an 8 minute Uber ride from downtown.D) It might be worth the premium if you absolutely love and want to live in that neighborhood, but if you want to buy a new house after 2 years, and you don't know if you can get that $1400, I'd walk.E) Another option is to estimate the minimum to make it rentable, and if the numbers work, you can always go for a rehab loan of some kind in a couple of years when you know for sure what rents/prices of houses are.

Hi all,       I signed up for three day Tax Lien and RE work shop with Govt.

Even hard money will want contingencies.Can you go back to the seller and rework the deal to put back the required contingencies?

I wouldn't say it necessarily adds extra liability, but definitely some extra hoops, and a little more scrutiny from the state division of RE. Working

Over a 1 year period, I demolished the park, bought the existing home, replaced all the water system and reworked the road.

Will rework numbers and possibly make another offer of $100k.Ask $114,900Offer $95kDwn 20%Monthly exp:MTG: $368HOA: $256TAX: $152INS: $77Misc: $100Monthly rent: $1250Based on above annualized ROI is 18.7%Now if I assume a realistic 5% vacancy monthly rent averages $1187 for a revised ROI of 14.8%.No closing costs included included as I figure I'll deduct these from proceeds when I sell properties in 8-10 yrs.Are there other expenses I should be calculating into my models?

Perhaps a rework of the loan terms to allow her to use the capital to purchase another property.No 1031.