I am currently trying to wholesale and get some SFR rental properties to create an extra/passive income.

You usually have liability insurance to cover yourself.

The problem is when I go to refi to get my money back I lose all cashflow and usually owe per month. 

Usually this feature of the 401k would be utilized when you have some personal short term financial need and can pay the loan off within few years.

Hi all,As usually here is some data from MLS for Market trends, Industry watch and buyer activity report. 

They are usually at Keller Williams inspire reality office in Fargo, This month they are meeting at a flip property in south Fargo. 

If YOU present yourself as that representation, its not allowed as you'd personally be practicing law on behalf of the LLC without a license since you aren't an attorney.Same thing goes for administrative actions with the city like building violations, the LLC needs its own attorney.In both cases, you'll usually get a "freebie" court date - IE you show up, tell the judge you are the owner, didn't realize you need an attorney, they'll give you time to get one (a month-ish).

Between seller costs, and even with good appreciation it usually take living in a house 5-7 years to break even on.

Turnkey markets usually are Indy, Memphis, Milwaukee, cleveland, maybe dfw and Chicago.

I run into this about once a month with clients.This is usually how it goes,I tell the client it will cost $20k for the property if it was updated, but $30k-$35k with those panels.Buyer goes back to the seller and states they need to renegotiate.Seller doesn't believe and says "talk to my insurance company as they are charging less than that"Buyer calls sellers insurance agent and the agent states "yeah, this is a grandfathered policy and we if have to issue a new policy for a new owner, it will be about $35k"Seller then either cancels deal or negotiates down.As @Matt Popilek states, if the seller has multiple options, it will be more challenging to get them to adjust down.Good luck with it.