It came out great and I still own this home.Identifying the source of the leak and repairing that is super important to prevent more problems.

Mainly, the LLC prevents a loss from spilling over into your other investments or your personal finances in many cases (though not all).

My goal has been to borrow money for the rehab, rent it out to generate income for the Trust's beneficiaries, and then do a cash-out refi to recoup my down payment and any other out-of-pocket expenses.I believe there are limitations in an Irrevocable Trust, which would prevent me from simply deeding the property to myself or possibly even to an LLC if I create one, even if the end result is in pursuit of my fiduciary duties to the beneficiaries, as Trustee (i.e. making the home inhabitable and generating rental income for the beneficiaries).

the tenants if they seek legal advice would be told that they can delay and possibly prevent the ADU construction.

Then find a true mentor who will help you grow your wealth.Also note, his philosophy and teachings are rooted in his own personal trauma. 

As long as the case was active the court wouldn't let Ocwen foreclose and the lis pendens prevented the now owner from selling since he couldn't get clear title. 

Form 3115 prevents you from having to amend prior year returns4.

Account Closed is correct that the Fulton/Vesta relationship is somewhat unique, but I do not think there is anything in Georgia law preventing Mr.

So the back unit that is newer than 15 years old is exempt from rent control and Costa Hawkins prevents local jurisdictions from having a law that dictates otherwise. 

I believe it tends to give me a slightly lower return, because the sponsor is going to be more careful, and if there is a severe downturn will prevent me from taking catastrophic losses.