In my experience, you are thinking through this correctly.I've heard lawyers say, if the loan is in your name (which it has to be for conventional) and the deed is in the LLC, you aren't treating the business as an independent entity and in a severe lawsuit, the corporate veil is pierced and the LLC can be thrown out.I agree that one of the best defenses is to run your properties well. 

I look forward to giving you all an update when we close on our first property! 

Keep us updated on the process! 

Quote from @Joe Farrance: Hello, Currently my business owns a piece of property that is paid for and has a corporation tied to it.

Aside from that the biggest value add areas I see are as follows: Kitchens, Bathrooms, decks/patios (if added), additional rooms/bathsKitchens and bathrooms tend to be the go-to, but all of those can help you get the most bang for your buck. just keep in mind that if the area is already of high quality, then it may not be the best area to spend the money vs something that is blaringly in need of an update.

Updates For 2024 and Beyondhttps://www.biggerpockets.com/blog/what-is-coming-in-2024-fo...What Are Current DSCR Loan Rates?

I will still do that for keeping my records straight, but I'll try to work with the app a bit and see how easy it is to pull receipts etc.I thought an update was warranted because I really like the software and the PRICE.Eric

Please keep us updated on the process and completion.  

We are considering a new policy at BiggerPockets and request feedback.Idea: Update our website policy such that "Wholesalers" who break forum rules, solicit members, or submit requests to meet agents using our agent finder will be sent a $125 bill for each infraction. 

Property owners get an annual update on their SEV & Taxable Values with their city property tax bill, typically sent in December.So now, the city assessor tracks the SEV, but homeowners are taxed based upon the capped Taxable Value.