However, it's crucial to verify with the specific lender, as policies can vary.Regarding recording a lien, if the lien is recorded, it formalizes the debt and provides legal protection for the lender, which might be required by your private lender.

Associations have rental caps to protect the owners and the resale values in the association.

It could be a casual conversation with the dr that got blown out of proportion or a report that says it could be xy or z in his lung but you want to protect yourself just let him leave.

I post frequently about the unnecessary complexities of most real estate investors asset protection structures and the point I normally emphasize is the lack of attention placed on the day to day operations that are far more critical to reducing liability exposure.

Liability Protection Asset Protection: The primary reason for holding real estate in an LLC is to protect your personal assets from liability.

For example: your current interest rate, rental rate, expectation for appreciation, tax benefits, leverage and inflation protection. 

They can coordinate and supervise the project, protecting the owner in a variety of ways.

It would most likely not give you asset protection since its a non-arms length transaction.

This structure provides a way for us to be involved, be protected, and most importantly, build relationships.

I plan on installing some form of termite protection after purchasing anyway, but is there anyway to make sure I'm not buying a house with a full blown infestation that could become a bigger issue?