Or would they only get the 250k for single person since they have been living separately?

I have recently come across two separate deals, where the owner does not live in the house, but will not sell because the properties have sentimental value to them.

This will allow you to make decisions about the property without emotion and the PM can handle the tough conversations.

The whole purpose of the LLC is to mitigate risk and to separate yourself from the property through the LLC.

The last option is to sell and go your separate ways.

There are different names for the same thing (landlord, dwelling) but you don't need landlord and homeowners separately.

I've heard there is a bond strategy that can release the liens, allowing the sale to proceed while disputing the claim separately.

@Landon Lehmann many investors borrow against their primary residence equity to invest.Getting a HELOC can also be the path of least resistance and cheapest.There is risk though, that if you investment results in a loss or lawsuit that you could lose some or all of that money and more (lawsuit).Getting more insurance is typically easier than setting up an LLC and meeting all the requirements to separate your business from your personal assets.What are you doing to source potential flip properties?

@Michael Baum @Jon Martin @Andrew Steffens @Jonathan Greene @Marie ThomasThanks everyone for your comments, I really appreciate it - I shouldn't let myself be emotionally affected by these incidents. 

For the most part NJ is separated into 3 markets.