For now, just one but the potential for multiple properties at once is in the future plans.

However if you do 2 flips in an LLC, make $100k then go to a  CPA before year end....you still have an option to make that election and potentially save you some money on taxes. 

It frees up time for you to do/focus on other things, and begins the building blocks for you to potentially scale your system easier, build more relationships, and could snowball into new deals through the partnership you'd have with the property management company. 

@Bruce Bloom@Craig FitzsimmonsMost of us purchase for cash flow but have potential appreciation to fall on if we are buying for the long term. 

Some of my pros and cons for leaving current employer versus staying;ProsGreater growth potential as self employed Realtor;More access to marketing tools;Can start building RE business off of the affiliatIon of a more reputable firm; More practice by repetition; Learning opportunities in the public sector (government contracting for corporate housing)Cons Leaving a more secure job (hourly wage, health benefits, PTO, etc.) 

The situation appears to be a good potential deal that could be creative in terms that can work in your favor .

Regarding infrastructure, start talking to other contractors to get bids and opinions on any potential pieces of land you're looking at buying.

That advice may not cost the investor directly – it will appear free – but the dealer will receive a commission from the issuer that will otherwise reduce the investment’s potential return.

I will be asking my lender this question, but curious if many others have experienced this.I'm trying to best determine if this will be a potential roadblock in the refinance stage.Finally, if you suggest I redeem the property, would you say it's easy to do on my own or should I hire an attorney?

@Doug Pretorius I like to check previous transactions on a property as well as any potential liens or legal actions from the city, etc.