TIA Both aren’t perfect and it’s all about how hard you work them.

No offense, but I hate the idea.You can send someone a bill all you want, but they aren't going to pay it, which means that all you are going to end up doing is turning off their account. 

The older homes there aren't as bad (2k to 3k). 

While down payments and principal payments aren't deductible, inspection fees and other acquisition costs can be added to the property’s basis for depreciation.

Good mindset stuff at the start an great underwriting education at the end.

I think you need a little more education and a mindset shift.Real estate investing is a fairly simple process.

In my experience, you are thinking through this correctly.I've heard lawyers say, if the loan is in your name (which it has to be for conventional) and the deed is in the LLC, you aren't treating the business as an independent entity and in a severe lawsuit, the corporate veil is pierced and the LLC can be thrown out.I agree that one of the best defenses is to run your properties well. 

My recommendation is to not only read books, but just continue to educate yourself in anyway possible in network with others who have been doing it for a very long time.

If all else fails, 😀 ReSure's got extensive resources on all these subjects in our educational platform (which actually includes some plagiarizing from Michael!

However, most investors aren't going to front money for a subject to deal unless they do subject to.