Some will see when it is owned by an LLC will indicate to their buyers that this might be a low grade flip and put the fear of risk into them.

View reportfrom my calculations i would need to hold hard money for 6 months before refiing which would cost me 30,000 out of pocket. once i refi and get the rents up to market it would take me till the end of year 2 to make back the 30k. by year 3 my cashflow should be around 18 to 20k. i would buy it with around 110k in equity and by year 3 my equity should be around 130k. trying to figure out the best use for this property and whether its worth pursuing.

A few things to help guide your investment strategy: How much cash you are willing to spend/have on hand?

I’ve noted a far steeper drop in revenue this year for my Gatlinburg cabin compared to the drop last year.  

"BiggerPockets" is a popular choice, offering a wealth of information from industry experts.Networking: Joining local real estate investment groups or online forums can be incredibly beneficial.

what is attracting you to this? 

Do I need to send this information to my lawyer? 

This helps many investors save on taxes and then use that money to reinvest in their next one.

Andy Sirkan law website is a great place for this information.

So, I'd avoid it.Most likely you are trying to accomplish purchasing this property via an informal probate.