It may cost you a few bucks but they will not just form the LLC but create a strong operating agreement as well.

My issue is the BC side wants the title Seasoned for 15-20days why, I don't know that is how they operate.

Are they on track with current dues levels and reserves to meet the capital improvements required?

It is more an owner operator business just generating enough income and profit to keep the lights on.

@Lisa Stewart I consider wholesaling to be the best way to get a handle on your local real estate market while you get to know the investors operating in the area.To that end, I would encourage you to get on the list of other wholesalers in your chosen market and begin dissecting their offerings to hone your deal analysis skills.

Maintenance is an operating expense and should be paid using rental income.

One mistake I made due to having enough money to spare when first starting: My chosen marketing method for getting motivated seller leads was direct mail, and I spent a small fortune on that without really tracking and evaluating the marketing ROI, tweaking accordingly, and trying a different version.

You are on the right track in seeking information from more experienced investors early on in your endeavors.

If you lease does not prohibit operating a business from th eproperty it does not matter.

I agree with Carl Fischer that should follow your contract and schedule to ensure work progress and payment stays on track.