Therefore, it is common for LL to be responsible for heat and water, which can get very pricy in cold months, but the cost to change out boiler is nearly impossible to justify.  

Outside of something within a few hours of you midwest is very common - Kansas, Missouri, Ohio.

Great book as well especially for getting everyone focused towards a common goal. 

As primarily self-employed most of my life it would have helped me to discover DSCR loan sooner.

Liabilities are common among tax foreclosed properties and are often the reason the debtor or heirs are not paying the dues. 

Is this type of financing common?

definitely pretty common among Hard Money Lenders - just have to have a strong valuation team and expertise Yeah I can't remember the last time I had to get an appraisal on a hard money loan.  

@Chad Gardner - this is one of the most common questions we get from potential/future househackers. 

Quote from @Abass Aden: What are the most common mistakes new house flippers make, and how can they avoid them? 

If you live in California, the FTB still wants its $800 per LLC, no matter where your properties are.Question B:When it comes to setting up an LLC, here are three common approaches:1.DIY Approach:In most states, you can set up an LLC yourself for less than $100 in filing fees, depending on the state.