Titling as an LLC at purchase will force you into the commercial side of the bank, which typically means lower LTV, higher interest rate, and quite frequently shorter terms and amortization. 

On each wholesaler I've overpaid a bit, but had reason to grab those opportunities and didn't mind it.I'm a HUGE fan of developing relationships and trying to add value to others first.

@Greg Moran Yes, definitely a fan of David Greene's book on Long Distance Real Estate Investing! 

If you can’t, I would at least either plan on frequent trips, or hiring someone to oversee the project with clearly defined expectations.best of luck!

The difficulty is if you needed a financed purchase...in which case you could ask him to finance the purchase or find a fractional lender, though that may be especially difficult right now.The only place that I am aware of that these types of ownership's seem to have somehow become more frequent is San Francisco.

Personally, I am a fan of keeping homes as a rental as long as it cashflows at least $100-$200.

I am a big fan of adding fences and when a post pops up asking the best value add to a property that is usually my response to attract people with dogs in order to increase rent. 

@Brian Gerlach I’m a big fan of HELOC’s over cash out refi’s just because I like to be able to pay it back and use it again (or pay it back and the equity is just there).

Our maintenance tech was following all precautions, he had fans going, and the doors and windows were open for ventilation.

His comments "Building is sound, will not fall, but requires may be frequent maintenance if the cracks occur.