I made some mistakes in buying that property--not serious, life-altering mistakes, but they did help me learn some "what not to do the next time" lessons.

mind altering drugs today?

To the extent reasonably available, the Association will maintain property insurance insuring against all risks of direct physical loss commonly insured against, including fire and extended coverage, in a total amount of at least 80 percent of the replacement cost or actual cash value of the insured property as of the effective date and at each renewal date of the policy, for the individual Units, for insurable Limited Common Element improvements, for insurable General Common Element improvements, and for insurable Areas of Common Responsibility improvements, but will not maintain any property insurance for alterations, additions, improvements, and betterments made by, or acquired at the expense of, and individual Owner or a Resident to the Owner's Unit, a Limited Common Element improvement assigned thereto, a General Common Element improvement or an Area of Common Responsibility improvement."

'Company A' had no employees, no assets, and appears to be the alter-ego of 'Parent of A'.Text: http://www.llclawmonitor.com/uploads/file/Soroof.pdf

After saying all the above, we have altered our approach to showing some properties - our student houses in particular - thanks to input from @Dawn Anastasi.

"Personal property replacement cost" and "increased additions and alterations".

Spend time and money altering it.

Calling yourself an investor (sounds better and is more impressive) but it's also a justification in an attempt to avoid the license issues.Missouri really doesn't buy the "equitable interest" angle either, if you do "a" deal, there won't be a problem, if you do 20 deals in a year it's a method of operations as a dealer.Your LLC is an alter ego, an entity in itself and is subject to the same legal issues you would be individually in RE.

Just makes life easier.The secondary issue is that the LLC will provide you a defense in liability issues if it is run properly, but you should also have insurance.The down side can be that since your entity is an alter ego, you may not be allowed to represent the company in any legal matters, you may need an attorney for evictions or representation.It's best to seek legal and tax advice before you form any entity and not assume you really need one.

I'd alter Chris' response a little and say "they are denied ..."