We've plotted this out, developed flexible but consistent rehab schedules, crunched all numbers several times to make sure this all makes numerical and profitable sense and everything checks out.

It took mortgage company almost 2 months just to get an inspection scheduled and then more paperwork delays before they finally endorsed the checks for us.

E) What would be the best method/schedule of distributing funds from these LLC’s to us as owners?

Regarding filters, we used to tell the tenants to replace them and some do, however I believe in the future we'll take it upon ourselves to do this on a schedule because it's in our own best interest.

If you are just focusing on transferring info to Schedule E.

If credit history cannot be verified due to lack of credit or if credit score below 670, you may qualify with additional deposit up to 100% of security depositNo prior evictions, suitable past rent history and positive landlord referenceWe perform a credit check, criminal background check, employment verification and rental history verification on every applicant* This list and any information on this page is provided for informational purposes only, please refer to the latest application for the most up-to-date rulesApplication Process: Call *** for pre-qualification and to schedule a showingEach applicant 18+ years old must submit a separate application$45 for each application (paid online at submission of online application)To apply, click "Apply Now" on the desired property pageThe entire application must be completely filled out or the application may be rejectedApproved applicants will be notified by phoneHolding Deposit must be paid within 24 hours of approval to hold the unit.

Especially in Chicago where an eviction could easily take 3/4 months (in total) before the Sheriffs can schedule a removal.

We are trying to schedule the inspection and the buyer is dragging his feet.

@Michael Seeker I was thinking this too. The

In the later case, if you have a warranty deed signed, and later a problem arise on the title that was preexisting the transfer, your LLC can "sue" yourself and you in turn can go back to your title company insurance.If you had a QCD instead, your LLC will have no recourse against you and your original title insurance will deny the claim as your LLC is not the insured party.Taxwise, if is it single member LLC and you are the member, it is disregarded for the IRS and there will be absolutely no change in the tax basis and depreciation schedule.