However, landlords must ensure that their late fee provisions are "reasonable" and do not violate the state's usury laws, which prohibit excessive interest rates and charges.Under Maryland law, commercial landlords are required to give tenants at least 45 days' notice before increasing rent or changing other lease terms, including late fees.

My agent, for instance, called me just days before a storm to remind me I could still bind policies and even updated some coverage to ensure I was fully protected before the storm hit.

However this is exactly what I did to ensure (to the extent possible) both INSIDE and OUTSIDE asset protection.  

You'll need to get good at analyzing rehab costs and predicting after-repair value (ARV) to ensure your margins are solid.To get started, immerse yourself in real estate education—read books, listen to podcasts, and use BiggerPockets to connect with experienced investors.

I will advise the Reafco agents who post on the forums to ensure they are adding value and not simply repeating what other Reafco agents have already said in the thread.I think a lot of the issues are the ones who are making widespread statements about the area or their investors that they can not back up.

But looking back, I can’t help but wonder why my agent didn’t advocate to ensure the property was clear for a proper inspection.

However, it's important to note that the lender may scrutinize this to ensure that the appraisal value supports the agreed-upon price.

You would need to consult with a lawyer to set the trust up and ensure the best protection for your situation, and then relay that information to your tax professional. 

I'm fine if it ensures a good clean, just dont phone it in.

Once you get multiple under your belt, it becomes a lot easier to do this type of creative financing.Just keep in mind, private money loans can come with higher interest rates, so you’ll want to ensure the margins on your flip are high enough to cover those costs while still leaving room for profit.If you’ve got any more questions, feel free to reach out—happy to help where I can!