I plan to do any business through a pre-existing LLC.

What I was referring to was buying a rental with a pre existing water heater.  

Under rule 506(b) of Reg D, for instance, you can only market your deals to accredited investors (and some sophisticated investors) that you have a pre-existing relationship with, where as under 506(c) you can go ahead and publicly advertise your investment opportunity to accredited investors.

Originally posted by @Michael Plante:This is why my leases states tenent is responsible for pest control Check state laws first Doesn't apply if they moved into your property and there was a pre-existing infestation.

@Aaron Rodriguez, seems to me that in order for a note to be "second", a pre-existing "first" would mean that the Seller does not own it outright.

Part of the terms of the auction were that I don't get to pick up any of the pre-existing eviction process from the bank.Here's where I think I made my first bad decision. 

To make money in affordable housing you need to invest in pre-existing units.

Since it doesn't sound like you have a pre-existing relationship with a builder I'd spend a LOT of time checking references and their other projects prior to picking a team.

He said he had a terrible cough, dry throat, and dry sinuses all day.They are especially dangerous to anyone with asthma or other pre-existing respiratory problems.

My AirBnB is a pre-existing guest house on my little farm with my personal residence.