However, over the last 20 years there have been some favorable plms and rev rulings (particularly surrounding trusts) that owning a membership in an entity and converting that to tic still equated to the same level of ownership. 

Would you want tenants moving washers and driers in and out each time you have a turn over and trusting them to properly connect them? 

You’ve already done the research and have the resources, so trust that you’re as prepared as you can be.

Hey @George TurnerMy opinion may be biased, but I don’t see a reason not to go with your realtor’s rec if you trust them.

You would need to file a proof of claim for the monies owed and hope you secured it by a deed of trust.

Remember to trust but verify all information you receive, that includes me lol.here's a link but please do a deeper dive. https://www.state-contractors-board.com/michigan/

Tennessee’s no-state income tax policy can be a nice perk for long-term wealth building.Indianapolis Pros: Having real estate connections in Indy could give you a competitive advantage on deals, local market insights, and trusted contractors, which can be invaluable for a BRRRR strategy.Ultimately, your “competitive advantage” might be stronger where you already have boots on the ground. 

Trust me.That's like me saying "I'll speak Spanish once I get more confidence speaking Spanish."

(Making judgements based on family status, number of kids, medical animals, etc etc..)4) When you get that first repair call 10pm Saturday night for a leaking roof or water heater do you have a trusted/dependable guy to call and get it fixed that night?

I want to create an LLC/Trust structure to protect the property.