You will have to pay separate appraisals and lender fees for each ball park $2400 - $3200 depending on the lender. 

There is a lot of opportunity in the Aberdeen/Hoquiam/Cosmopolis area, but like so many places, it's really neighborhood-dependent.   

go buy a home first and set a longer completion, which will then give you time to sell your home.Also, depending on your income, you could qualify for both homes and then sell your first at your leisure. 

Michael, it depends upon a lot of factors.For people involved with REI, it depends upon what you want to do with the business as there are different tax rules based on type of entity.For holding rentals, I generally recommend an LLC if you are setting up an entity at all.For flipping and development, I generally recommend an S corp.For wholesaling, my recommendation would depend more upon your specific business.

That said, depending on the investments you are making, your prticipation in those invsments, or the type of business you are running, it *could be* more beneficial to do so through an LLC.I say *could be* because you can tax the LLC as an S or C Corp. depending on how the tax bill shakes out, a Corp may make sense in certain situations.

Holding costs/selling costs are going to depend on your buyer.

You could add some molding or change out for paneled doors (not a fan of louvered doors) depending on your budget and the price point of the home.   

However; there's no guarantee of what the market in the future will do, as every area is different and it depends on supply and demand at the time. 

And reselling after rehab (e.g. a flip) would really depend on if you had FNMA financing available for your end buyer.

It depends on whether the House or Senate win out on certain aspects, but it could be good for investors.The House bill taxes all passive investments at 25% (rentals are considered passive, unless you are a real estate professional as defined by the IRC).The Senate bill gives a 23% deduction on the flow through income of sole proprietorships, LLCs, and S-corporations.There is a lot more to all of this, but those seem to be pretty good changes for investors.