Is an ADU (accessory dwelling unit) in option for your home?

Probably your best option will be to make some improvements, (maybe not the full $450k but enough to make it sell for as close to top dollar as possible without over-spending on improvements), and your 2nd best option is to sell it "as-is" for an appropriate price given the current condition.

Would love to connect and see what options you've got going on, assuming you're in the Charlotte area? 

This order could potentially grant you access to the property for inspection, considering the insurance requirement.If the current insurance policy is unfeasible due to access issues, explore other insurance options that can provide coverage under these circumstances.Keep a detailed record of all your attempts to conduct the inspection and any communication with the tenant, the insurance company, and legal entities.

As you learn, grow and scale, you should be hiring excellent property managers who will make your investment truly passive.

Each option has its own set of pros and cons, and I'm hoping to gather opinions and advice that could help me make a more informed decision.

The intent of my post was to share this idea with those interested as an option to consider.

neither the real state attorney hired to create the LLC nor the CPA mentioned anything about tax implications when the company was created, I feel the 'experts' I paid for this services let me down.any recommendations, or options to minimize the amount of money owed?

Hello William, When it comes to flipping properties Hard money is the best option and maybe a 203k loan which is a rehab type loan but its owner occupied.

I just did a quick search and I see they have automatic payment options.