An old tv infomercial championed you to get rich quick and sit on the fan tail of a Luxury yacht sipping a tall cool drink surrounded by swimsuit clad models.

I've had to hire Real Estate brokers and Professional Engineers (PEs) as "expert witnesses" for defending various false claims.Regarding #3, the smaller your project, the less likely you'll see high impact study costs.

So it is going to be up to what you and your CPA are comfortable defending if ever questioned.

Has anyone dealt with objecting a subpeona to a land trust to disclose beneficiaries. Apparently it is easy to send a subpeona to the trustee to get beneficiaries information. What is the value of a land trust if it i...

We have an initiative here that provides free attorneys to tenants to defend evictions.

Regular evictions with tenants defended by free legal services even when they never showed up to hearings or provided any response to court filings explaining why they could not pay rent. 

I tend to make everything chess as a local chess champion and in the way I think.Thanks again for your insight.  

I would probably start monthly or bi-weekly "safety inspections" to A) document any lack of evidence of risks/issues to the tenant's safety to be prepared to legally defend yourself in the future, and B) to monitor for new/worsening damage to the unit.

I’ve defended myself many times, and they tend to be more flexible when you're the new owner of the property.

Also,  examples where the investor is plaintiff, and examples where they are the defendant.