In my state, if it’s an as-is sale then normally inspection is treated as pass/fail, not new price negotiations.

Keep it simple and get an umbrella policy for extra coverage.LLC property manager can't file in court the same as you as person, your liability coverage cost increases, any code violations are treated differently, your bank account cannot be not mingled...

I am not quite sure what this means yet, but I was thinking more along the lines of @Evan Polaski and pretty much treating this like it is owned by a mom and pop where good records tend to not be kept. 

If they treat you like the existing owner:The tenants would pay between 1st and 5th give or take (depending on local laws about when rent’s really “due”.

No one cares about your degrees, they are going to care about how you treat them, how you work/communicate with them, and what kind of results you created.

Sending you a dm :) They are all doing well (in various locations) because they have educated themselves in the space and are treating it like a business.

The other point I made in this thread was that IMO treating these 2 investing areas as alternatives to one another is the wrong way to look at it.

If you miss the 60-day window, the funds are irrevocably treated as a distribution. 

I have a client in London and I treated him to lunch at Harrods etc.

Treat the distressed with respect, they know they have troubles.3.