I definitely hear your concerns, Mitch, and I have the same concerns, as well, but that's why I am asking for some advice!

Since basic real estate investing principles are the same, where the group is doesn't matter. 5) LLC's are the least of your concerns at this point, insurance is more important.

I applaud Josh for reaching out personally to address my concerns and I plan to continue working with D2D. 

Obviously this is a huge concern, as a tenant could sue you as an individual for liability of the property, and in a country like this that could bankrupt you.

So I don't think it'll be a tangible concern.

I’m concerned this could come back to bite me so to speak.

This phrase would concern me, outside of just using a form agreement - "in order to grow as quickly as possible."

My intention was to minimize my reported taxable income after taking expenses against the earnings through the LLC.I don't see how this would benefit you tax wise.In fact, I would be concerned that by mixing personal business (rental property in your name) with the LLC that you could basically nullify the liability protection the LLC offers  allowing anyone who sues you to pierce your corporate veil because of this co-mingling. 

We kind of stumbled into it and keep stumbling as we go but not having a plan or framework for business is a major concern. 

Hi everyone, I am interested in hearing everyone's thoughts on the Platform Pacaso, I have noticed that it can inflate housing prices in some areas due to them being less concerned about paying a low price upfront and more focused on the overall profit they can generate through fractional sales and ongoing services.