I just signed up for Pro and this marks the first post I'm sure of many as I take my first step towards this REI journey. 

@Dean Valadez I'm not understanding the pierce the corporate veil.If you take the money from the LLC for personal use, you would just mark that as distribution and any money you put back in will be contributions.

Hi @Janna Afanasjeva - I am almost positive you just need to keep all the accounts completley separate regardless of business or personal account and it needs to be an interest-bearing trust account (or something similar).FOR SURE @Mark Ainley, @Jared Kott, or @Jason Marcordes could answer that question for you as they are all local property managers.

Quote from @Anthony Swain: Hey @Gerardell Brown,These are two great strategies you're combining.

I am a big fan of Anthony Chara and success classes.

The bad mark on the debtor's credit is sometimes enough to encourage a person to eventually make good on their debt.

Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

They don't get wiped out.If it is marked homestead you have 2 years to hold on to it, before you can likely resell it or do any reno.Also just FYI, I would not expect anything at Tarrant County sale to go for minimum bid. 

@Anthony SwainThanks for sharing your house hacking update. 

Mark Poulton my end buyer does not want to use their own credit that's why we are doing subject to.