It does not cover all types of liability or most landlord-tenant issues--that’s where a proper asset protection structure comes in.Integrity is also great, and is certainly an element of how you do your part to keep your asset protection plan effective.

I'm a new investor and my knowledge of financing is still growing but the balloon element of the existing loan makes me nervous.

So, the two key elements for being considered a real estate broker are doing real estate transactions "for another" and "for a compensation," exactly as we talked about previously in earlier posts.

I would immediately begin investing with your family, as you have the credibility and net worth elements that stop most newbies taken care off. 

Meth production houses actually have been proven to environmental hazards. 

The low income element, with SEC 8 or not, makes screening harder, maintaining harder, and collecting harder.

@John Edrisy equally important element of price is how's the utilization today and can I re-position the property.

You would get a letter of environmental protection which would allow you to rent to families, but it says you did illegal deleading and got caught.

Skate roofs are known to last over 150 years unlike today’s environmentally friendly shingles that start to peel up after 15 yrs

We had a super detailed letter from the dad-in-law on how the husband made a massive game changing contribution to the business, whole 9 yards, didn't cut it.We don't have all the details of your scenario, but when you mention dad as both employer AND cosigner, it starts to share elements -- "the dad obviously really wants you to get the loan or he wouldn't be co-signing, can we really trust those paystubs from said dad?"