And when things go south or sideways they don’t really know where it went wrong at the agreement stage. 

The vast majority of lawsuits against Landlords are for wrongful eviction, security deposit disputes, and Fair Housing Violations.

But where this goes wrong for people is with: 1) The numbers the entire deal is based upon. 

Aside from that, seems like you’re using LLC for the wrong reasons and others have already pointed out the issues.

The vast majority of lawsuits against Landlords are for wrongful eviction, security deposit disputes, and Fair Housing Violations.

What about sending a wire to the wrong place.

Second, real estate can be incredibly forgiving, even when things go horribly wrong.

Consider all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

The vast majority of lawsuits against Landlords are for wrongful eviction, security deposit disputes, and Fair Housing Violations.

I will make a post later today about the things that have gone wrong in this house, which was quite a few.