If they own several they are obviously investors.Once you get a response from the seller of the vacant house, negotiate a deal to buy it for all cash and get it under contract.

We decided to get the roof patched for now and got a couple bids from $3k to under $1k, since a new roof was over $10k and we wanted to do all that once after we foreclose with a 100% rehab loan.On top of this, our attorney discovered a release of mortgage was filed in the past, which is what made the homeowner believe there was no money owed.

I placed 2 apartment complexes under contract with the owner and assigned both of them to a buyer whom I had done business with before.

I placed 2 apartment complexes under contract with the owner and assigned both of them to a buyer whom I had done business with before.

So having two LLC's under a TIC structure is a viable option and above board for 1031 purposes? 

Pay them cash under the table?

I'm a commercial general contractor by profession and I'm looking to employ my skills and expertise in the fix/flip market.

You can find all the learning resources you need under Education.

I bid 3% under the list price and asked for $2500 in closing cost.

You can't make an offer without knowing some key points about income and expenses but the owner may not give you leases before having it under contract.