And they’ll have to declare that interest on their taxes (Though the kids can then deduct it from their taxes.)

Come January there is no hiding things, holiday spending will declare the standing of things, and while not impossible to do, I find it hard to see how they could spin a huge reduction in holiday spending as "economy is a-ok". 

What scared in the article is the mentions of personal financial risks, LLCs not really protecting your personal assets, the amount of investors filing bankruptcy , social threats, scams, etc.Is this article over blowing these facts, trying to sell REIT ?

If you are facing a hardship and getting close to going into foreclosure reach out to a Bankruptcy attorney.

They have changed business names and had (I believe multiple) bankruptcies in the past2.

Assuming it's written in your management agreement somewhere that states the owners are current on all financial responsibilities related to the property, does anyone require them to actually provide a current mortgage statement, HOA payment record, taxes paid, etc..... at least at the time of the original management agreement signing.Recently had a new owner sign the agreement, only to find out after we had secured a new tenant for them, that they were in financial distress to say the least (inquiring about bankruptcy) .

Further, a state that an entity does business in but is not organized in or registered in can declare authority over that entity due to the entity being a “foreign” entity doing business in that state.  

In bankruptcy, he could get out of paying you but that comes with a steep cost for him. 

If you want to proceed, please gather these few documents, and email them over to me.Photo ID: Please provide a clear copy of your valid photo identification.Proof of Social Security Number: Documentation confirming your Social Security Number.Homeowner Insurance Declaration Page: Is the cover letter with your policy number and coverage amounts.

However, it’s not the only way to get the qualification, it allows for Self and Homeowner declarations and documentation to add up experience, its just not as easy as an existing GC stating “he’s good to go”.Pursuant to Business and Professions Code (BPC) Section 7068, applicants’ experience must be verified by a “qualified and responsible person.”