I see this thread was from 20+ days ago, but I wanted to add from a business-owner perspective, virtual assistants can be very valuable.

They are a large company that has buying power and a network of contractors realtors and others to do the work. the owner, Zach also here on BiggerPockets and has a stellar reputation for customer serviceFor cons - people will view some companies in a negative light because of this, but the reality is the individual who is thinking negatively is typically inexperienced and doesn't understand the businessbut....this is a reality as someone who has been in this space for almost 30 years.Contractors realtors, and others one day could be an A player and do great work.

How many of us would like to have 500k LOC with a wealthy private individual and we can draw down on it anytime we see a move worth making? 

Once they transferred the home into an LLC taxed as an S-corp or partnership they broke 121 rules.Section 121 only applies when the individuals own and sell the home.

My initial interest was in rehabilitating distressed properties, but I've found that land flipping and home wholesaling offers a more accessible entry point with fewer financial barriers and less emotional complexity.I'm pleased to join this group and look forward to networking with fellow professionals, expanding my knowledge, and contributing where I can be of assistance to others.Best regards,Samir Kaouche

Do you have access to down payment assistance programs that I can apply for?

Setting up a new LLC for each flipping project is a common approach to limit liability, but as you mentioned, it can get tricky with all the bank accounts and bookkeeping.One option to simplify things is to set up a holding company (LLC or C-Corp) to own the individual LLCs for each project.

Kristina, I really hope this helps you a bit, I sent you a DM on BP... it's one of the reasons I do this, I hope you can assist.

Job growth was concentrated in healthcare, social assistance, and leisure sectors, while manufacturing and federal government employment declined.Markets reacted positively to the report.

Renting rooms individually to six unrelated people would likely trigger the licensing requirement.