This way in case of “default” we don’t need to go thru foreclosure, or bankruptcy litigation since we already own the property on a sale/leaseback/option arrangement.  

If you own several apartment buildings your best interest might be to speak with a asset protection attorney versus asking questions online of just anyone who might respond.Good Luck!

It would be far simpler to put the $500,000 in a bank account owned by the LLC and you immediately own a fixed percent.

It doesn’t cost any different than being under your own personal name.  

I co-owned a franchise for 15 years, we paid over $1.3 million in rent.

Quote from @Ronald Rohde: Quote from @Joseph Gozlan: We own, operate and manage industrial & Flex in Texas.

I own two properties here in Texas.

Cable, smart TV's and guests sign into there own accounts

If you own it 50/50 you still have to 'sell' them on your new fence idea.

Part of the motivation for congress writing Dodd Frank was to clamp down on the investors offering preditory terms re  rent to own and seller financing and that view has carried into craigslist rent to own adds and you say zillow.