Under Alabama law, that is a VERY dangerous play and you could end by losing money.You also cannot sit back and let him build the house and say "Thanks."

Recommend you look at Lockly locks with built-in camera, so you can also see who looked at the property and tell if the door was properly closed. 

As for holding properties under an LLC, there are definitely pros and cons—it can offer liability protection and tax benefits, but it also comes with additional costs and paperwork, so it really depends on your goals and risk tolerance. 

A lot of it has to do with how you advertise, your ammenities and features, and your track record.

I am putting minimal time in managing the manager and he is doing a great job and treating the place well. 

I've also reviewed work done by both CPAs and tax preparers in large and small firms.I'm constantly learning new income tax strategies, reviewing my understanding of tax legislation and opportunities that are created with new legislation. 

They would ask me a question and then interrupt me as I answered.

And in Peter Harris case it looks like a scam and sounds like a scam.

People buy where there is opportunity, better weather, and near family and friends. 

I live in California and I own three rentals free and clear.