Unpleasant neighbors can make life very bad.Call the police and make a noise compliant.

My PlanCommercial Liability UmbrellaSmall ($100k) each StructureRENTERS Insurance Requirement + Landlord Named In PolicyAn LLC offers little protection unless you are making individual Companies for Each Property, in addition expanding overhead, accounting I believe the veil will be pierced anyway if enough money is involved.Delivering Safe and Code Compliant product is the starting point, or no amount of Premium Payments will return anything.

This is THE document you need to consult with when having a question about tenant (provided your lease is compliant with the state and federal law).if your lease say the tenant foregoes the stuff they leave behind, you are legally inheriting the washer and dryer.

I use ones from each state I invest in but you can also use your own just make sure you have an attorney look it over to make sure you are in compliant with state real estate laws.

Older houses with non compliant bedrooms and (probably) bathrooms that the county doesn't even know about; but that realtors will sell on.

I usually don't like using the guru contracts that investors sell in their courses I rather use state regulated contracts just to be on the side of legality.I might add a few clauses here and there to protect myself and have an attorney go over it just to make sure it's compliant with real estate laws.

Just having a judicial process for seller financed transactions would cut out most of the fraud and abuse and a judge could use several tools to adjust the transaction to be compliant, fair and equitable.

The Owner who is doing the financing can trigger a non-compliant action by doing any of the following activities without a license:-Taking a mortgage loan application-Discussing interest rates, terms, loan payments or loan fees with the consumer-Negotiating loan rates, terms, payments, or loan fees with the consumer-Preparing a loan package for the consumer Yes, the owner financer can refer the customer to a third party licensed originator, such as a mortgage broker, to handle the loan origination and completing the government related documents for the loan.

Be sure you're compliant with the SAFE Act, bring in 3rd party servicing, and fully amortize the note over a reasonable period (15 years max, IMHO).At 9-11% interest, your buyer will have every interest (or at least they should) in getting to the promised land: a long term sub-6% loan.

Marc, do you ensure these Lonnie notes you buy are SAFE compliant?