Can the property be legally rented long term (over 30 days)?

Majority of mold complaints are tenants panicking and/or trying to get free rent out of their landlord.If they do get an attorney involved, their attorney will send you a written notice, which will lay out the issues and often tell you to give the letter to your insurance company.Don't bother with this, but you can discuss with your agent.When you or your PMC (or both) receive a legal notice of a case started, that's when you want to get your insurance company involved.Recommend you keep a record of all your communications with your PMC about this issue.

Hi @Jessica Howell,Transferring funds between LLCs and personal accounts requires careful tracking to maintain legal and financial integrity. 

Research the appropriate laws for your property and follow best practices to avoid any discrimination accusations: use the same criteria for everyone who applies, know what the protected classes are, which questions are legal to ask and which aren't, and only deny applicants for legal reasons etc.

Prioritize due diligence, including a thorough property inspection, financial analysis, and legal review.

If the legal balance is already at 60% LTV for example, would a seller expect a higher amount than the legal balance possibly?

Is anyone aware of legal issues with this?

Registered agent is in case you need to be served legal papers, they will accept them on your behalf unless you would want to be served at your home or work, and technically it must be a place where you are available between working hours. 

An LLC creates a legal separation between you and the property, so if something goes wrong—like a lawsuit or debts related to the property—your personal savings, home, and other assets are shielded.

https://www.biggerpockets.com/forums/51-tax-legal-issues-con...