RALA is a very good value, although my experience it thru the 3-day in person.

.- does the buyer have to assume the loan in his personal name, or an he assume the loan thru an entity?

I would have the safety net of $40,000+ sitting in an investment account, and Ill try to save as much as possible per month to counter any large vacancies in possible recession.

I only recently heard about them thru Get Rick Education by Keith Weinhold and wonder if anybody has experience with them.

One potential advantage is to elect to have the operating LLC taxed as a corporation, which is taxed at a flat 21% rate (although if dividends are paid out they are additionally taxed) or an S corporation, where net income is “passed thru” to you individually but no social security or Medicare tax is due.  

the agent puts theirs in and we counter offer.

there ya go answered your own question.you can confirm .. by simply going to the county planning department and walk up to the counter ask to talk to a planner and ask them is there any process to split the lot .. it will either be a yes or no.

Driving for dollars and looking for vacant or run-down properties is another way to find motivated sellers.

If the comps are all 3-bed, 2-bath with quartz counters and LVP, then even a brand new roof and plumbing won’t push your ARV much higher unless your finishes and layout are on par or better.

Anyone that has sold items privately would have countered any offer.