The tenant wanted 1 bill to pay every month and was willing to pay the higher rent that included cable TV service. 

You can read more about the trusts here.In addition, to add to the protection, add an LLC or Series LLC structure in conjunction with the trusts.   

After the home was purchased with a loan, there was a series of second mortgages and even a line of credit for 300k as late as 2015.

“lease a BMW 5-Series” you probably be better off work the property.

Hello BP community - I'm reaching out with a question following a series of events (some mold related) that has led to 3 of 4 college tenants in my SFR having their parents request release from their lease 3 months early due to perceived air quality concerns.Background (University rental in MN - lease started Jun 17 with 4 college roommate - parents cosigned and pay rent):- In Sep 17 we had a minor roof leak that was corrected immediately (flashing)after notification with only minor paint damage and no sign of mold (from the attic or interior wall). - In Nov 17 tenant's parents (these are college students) call my property manager to report a broken dryer and mold growth in the basement laundry room, a bedroom above the laundry room, and in the bathroom.

If you enage with OSC, their recommended insurer, OSC will send the notices then after the series is sent and waiting periods expire, with no response from the borrower, OSC will send you an invoice.

I am going to get the book series just to read them myself.

I'm not an attorney and I don't even play one on tv, so, this is not legal advice. 

They informed me that a series of steps have to be taken in order to purchase this property which they called “steps for assignment process”.One of those steps was to send a certified letter to the daughter (the Personal Representative of the estate) stating my intentions of buying the property and paying off the taxes.

The LLC is a pass-through or entity, so it is ultimately recognized as part of my single tax return.After all factual and legitimate accounting, the tax exposure can be significantly minimized with proper planning, documentation, and execution.Again, I’m not a tax professional and I don’t play one on TV.