Then they realize the LLC is no set up properly for the desired intent, and that the lack of operating agreement leaves them vulnerable.

So, I intentionally paired those two systems together.

At some point you won't be able to get additional financing if your properties have negative cash flow.I have crazy debt to income ratio (~$75 owed for each $1 income) in part because I intentionally minimize income.  

Initial intent is to stay there for life.But my question is what happens when someone wants to leave for any reason.

I send a short email also:Dear ___,This letter serves as notice of our intent to increase the monthly rent at _______. from $__ to $__ beginning _____.

Make your intentions known and question them on what they're ok with and what the fees are regarding just simply holding a license for your own personal transactions.

. § 704.44.)Essentially, because of something that may not even have been intentional by the landlord, the tenant will get to live in the landlord’s rental property for free for the tenant’s entire tenancy, even if the tenant was not damaged because of the prohibited language in the rental agreement.You can read the details on the website of the RPA, which is the largest REIA in Wisconsin and will try to fight this. 

Here is a great place to meet other investors like yourselves - https://www.oreio.org/ Not quite sure if once you acquire that property if your intent is to manage it as well for some insight into property management give us a call https://peartreegroup.ca/. 

This should eliminate the homeowner (1) selling a property while remaining liable for the note (subject to), (2) tying  up his property with a “buyer” who has no intent to close unless he finds someone to pay a higher price (wholesaler), (3) paying above market rental for an option to buy that can never be exercised (4) purchasing a property from a fix n flipper who did shoddy rehab, (5) purchasing a property with nebulous legal title, (6) contracting for home improvement with a fly by night contractor who then puts a mechanics lien on the property and (7) “listing” with a wholesaler disguised as a Realtor who doesn’t put the home on MLS. 

I dont suspect any intentional foul play here, apparently he is a doctor and most likely is in control of the corporation but I need to make sure they arent trying to execute a prohibited transaction.