.- Jasper / Pat AboukhaledTurning investment visions into reality in Phoenix, AZ - Ranked #1 for residential real estate growth and opportunity by PwC

Next, you will need a real estate attorney in your state file a quit claim deed to change the title to the llc.

The tenant's insurance policy should name you as "additional insured" so that any lawsuit against them would also protect you without having to file a claim with your own insurance provider.

@Natalie KolodijI am also on the hunt for a Real Estate CPA for Tax prep, planning, and filing.

Hence I will probably pay a good chunk of change to uncle Sam when I file my 2024 taxes.

Years ago, I could file claims for small, even minimal, damages on my rental properties, like a few fence pieces blown off during a storm.

For the areas I may be interested in investing (Nevada, Arizona, and Sacramento) I have talked to a few agents.  

Lenders title insurance policy should be obtained and all documents properly prepared and filed accordingly.

Since they can always file for the tax deed and get their money back plus interest, it is a no brainer for them and it's much more legal than laundering their money.

I also call the local court system to see if anything is flagged on file.