Honestly, I don't think it is worth using one of those companies unless the house is really in terrible condition and has issues with title, major city liens, is a part of a lawsuit, etc.

Our area is not unique, this is a nationwide issue (opportunity) for accounting firms.In the end I think many would be well served to think of their CPA/EA as they do an attorney - while they can also help provide planning advice to better structure your tax life and save some money, a portion of the cost is just a cost of doing business - you are required to be compliant by the Feds / states / etc, and the CPA/EA is insurance to ensure you get it right and stay out of their way.

Hello, I have about $40k, looking to start investing in Wilmington DE for my first flip.

If you really want to build 'affordable housing' - and the debate is still open if that is indeed an issue and how and why.... then the first thing to do is get the govt to go away.

The loan is issued to an individual or a disregarded single-member LLC, as opposed to loans issued to partnerships or corporations. 3.

If it was a less damaging issue I might wait it out, but water, fire and 'safety' (CO detector etc) and it would be on my schedule not theirs.

Eventually I want a large portfolio that gives me the flexibility to cash flow AND fix & flip. 

It appears this might be excluded from insurance coverage, and I am trying to look through disclosures and contracts about lead issues.  

I think I would like to start using the fix n flip method, but having trouble starting any suggestions on what my next move should be.

Depending on the specific details and the local laws, they may not be able to sell the property until you have resolved the issue.