Don't care either way, but I might reduce my fee as a broker if I'm getting to do both those deals, to cut you a break. 

It's simply important for the investor to go through which of his properties are easiest to manage and where large repairs are not expected anytime soon. 

Personally I'd RATHER have the underclassmen simply for the possibility of having them for the duration of their studies.

At the refi, my PML can simply quit claim the property to me and I will be the sole owner of the LLC.  3).

The hard part was I was not mature enough to see that our differences were something that simply needed to be worked out.

If your budget is constrained - either by the depth of your pocket or the amount of capital warranted by the business case - you will be better off in the long-run to cut-back on the level of finishes (which can be easily upgraded later) and not cut corners the building envelope and core systems (which are much more costly to upgrade after a unit has been finished).

The property under contract:  I found a 3/1 930sqft pre-foreclosure bungalow off MLS listed at $185k, I am using conventional financing but was able to beat out a cash buyer by asking the wholesaler what profits they were expecting to make and cutting them a $10k check and entering into a contract with the homeowner directly at $175k.

As a matter of fact, an overpriced asset is simply an asset offered for sale at a price calculated using a cap rate that is lower than the prevailing market cap rate (i.e. whether in a low or high cap rate market).

So, I was also told not to purchase a property using my LLC as my wife and I have enough financial history to qualify for a conventional loan or a refinance and the LLC won't (I assume this mostly applies to buy and holds and refinancing as with flipping we will not be looking to refinance or go conventional).Most of the advice I have gotten about how to have our LLC taxed is to simply have it taxed as an LLC and file our taxes together.

The banks and everyone else involved ie, Auction.com, are getting a huge cut from the beginning.