Kevin, just a reminder that you also have to transfer the security deposit, get any info on the condition of the property when tenant moved in, and anything else in the seller's file pertaining to this tenant to protect your interests if you become the landlord, even if you find out you can give 60 days' notice.

Just make sure he files/records a Warranty Deed to continue the chain of title.

I filed for a eviction and sent it through the normal channels and they answered stating that they have "equitable Interest" in the property and we could not evict.

I've had an LLC in the past for a business that we owned for a short time and I wasn't crazy about the paperwork hassle involved in an LLC.

Just getting involved in this world after seeing too many deals get done with such ease.

These are all single member entities so it was incredibly easy to file, and create the Operating Agreement and/or Corporate Resolution.

I essentially did all the leg work adding up income and expenses and presented it to him and all he really did was file it for me....no great advice or anything, and I felt like I could of done it myself for much less $$.

I understand that technically a "cash offer" shouldn't involve a loan... but hard money is generally considered the same as cash in the sense that there aren't contingencies involved...

However, two were not.I filed an informal request for review on the two that I felt were over-assessed.

An example of this form is in the BP file place already.