Roxanna, you're welcome...it has been a privilege to serve. 

Privileged Problems.

If you have toys and scratch posts and other items to keep cats entertained then they are less likely to tear up floors, couches etc.Having a pet is a privilege and a responsibility not an afterthought.Dogs can be too big for a space and even if small if the owners do not walk them many times a day they can pee and crap all over the place.

Account Closed listed out.Never pay any money upfront for the privilege of applying, or a "membership".

Figure if you dig it, some others might like it even more and pay for that privilege. 

As much as it's true that a good TK prop should provide reliable passive income for many years, you shouldn't be paying upfront for the privilege of having an investment that *should* produce returns.Yes, Tk providers put in a lot of work on rehab, marketing, research and deal hunting etc and will make their cut by buying a distressed prop and then selling it fully rehabbed to the investor at a fair market price - that's how we make our money, that's the business.

:Originally posted by @David Faulkner:An approach from at least one TK I've seen is that if the appraisal comes in for less than asking, then they will adjust.That is so very kind and generous of the TK company to allow you the privilege of buying their property at market value, but only if your appraiser catches it first.

My main question is I understanding the purpose of setting up each property in its own LLC and I have owned my LLC here in California for 4 years and pay $800 a year for that privilege (sarcasm).

Bank customers are well aware that other customers get privileges that may not be afforded to them.

There are plenty of lenders that don't charge $5,000 for the privilege of borrowing high interest money from them.