A revocable trust offers excellent estate planning benefits but provides limited liability protection and no tax advantages, while irrevocable trusts provide stronger protection but less flexibility.

When I'm on the listing side of things especially of an investment property I don't necessarily mind getting a low ball offer, the issue I have is the "un defended" low ball. 

That’s a solid plan!

I always say invest with or work with the person you want to learn from.

Quote from @Elizabeth Seiferth: I would start to look for another contractor in that area with references as soon as possible, this sounds like even with a clear define plan, the contractor will do more of the same.

Utilizing an LLC also isolates the presumption that real estate acquired is ordinary income activity to the LLC, and not tracked to you personally, which can be important if you plan to hold other properties long term.

I live in Washington DC but set up an LLC already in Kansas because I was planning to buy properties in Kansas City.

Then you can read a more in-depth book like The Book On Rental Property Investing by Brandon Turner or The Unofficial Guide to Real Estate Investing by Spencer Strauss.2.

Quote from @Dahtanun Combest: Hello, I’m new and I plan on doing fix and flips in Chicago’s South Suburbs.

thanks again for the adviceGood plan.