@Mike DymskiLender will get a deficiency judgement and go after the other equity in those propertiesSo let’s say after foreclosure or traditional sale the borrower owes $400k, lender will get a judgment and slap it on those other properties and take the equity from thosePeople think “oh well they had them in different entities” - that doesn’t matter as a personal guarantee means they guarantee it and the lender can go after everything that person has including all their other LLC’s.

Dark stain can mitigate a lot of that, but it's really a judgement call on your part. 

If they end up owing you money, you sue them and then file the judgement as a lien on their new house!

This seems to lead to the point of necessity for professional judgement and risk assesment. 

She eventually got arrested and sent to jail right after I kicked her out so suing her for add'l damages above the security deposit amount would be easy to get the judgement but difficult to get paid back.

You should have received a default judgement from that court case and that is a public record that any future landlords can see when screening tenants. 

Against my better judgement I modified the criteria based on feedback I received and this is not going as expected.

Small Claims Court is also good, pro is you get an enforceable judgement so if anything is unclear such as damages amount that will be determined, cons are time and expense involved and once you win the big challenge is enforcing the order.  

Whether or not you have an LLC, if you are found to be grossly negligent, it could be you that is writing the check for the judgement, and depending on the state, it can be up to four times actual damage.  

I was told that they have an IN-HOUSE CPA who would be more than willing to assist my CPA OR do the taxes themselves.Question after question I'm being told that my CPA needs to use his "own best judgement" rather than rely on advice from the firm that setup the entities to begin with.I think all potential clients need to be very mindful that Royal Legal Solutions WILL NOT back you up with your CPA when you go to file your taxes.