there're just too many complicated, the city asked what's the entity name, insurance is different between LLC and personal , the tax system requires the LLC name, all to be established prior to closing.So practical answer to your question, create one now before even placing a bid.

Lots of solid principles and practices in there and I've recently picked up the book again.

The QI can be located anywhere since 1031 is a federal statute and practiced the same in all states.

Scott provides very practical advice that anyone can understand and follow.Things will only get more expensive when the baby comes, and it won't stop for at least 18 years!

The tenant has failed to temporarily relocate as required by the accepted THP; or, b.

True, first in line who qualifies is standard practice.

Is this average or common practice?

I joined about a month ago and I have just been reading, listening to podcasts, and analyzing deals for practice.

If no historical results, provide a proforma operating statement.List of renovations completed on the properties and the costs associated with the renovationsCurrent personal financial statement – please include all assets/liabilities even if housed in LLC’s or other entities (see attachment if needed) – if you are providing your personal financial statement on a different form, please just sign and date our form.Two years’ federal tax returns with K-1’s for all principals of the BorrowerGlobal real estate cash flow of each principal – see templateResume or bio of work and real estate experience of principalsRather than using the back of a napkin, I'd like to put this information together in a professional looking way but I'm not sure about what best practices here are or what that might even look like. 

I recently relocated back to New Orleans after a decade in the D.C area.