I really want something that doesn't require 4WD or AWD which limits options.

My sample size and knowledge is limited, so I hope some local Jackson investors jump in with their advice.

The program primarily targets corporations and limited liability companies (LLC).Your sole proprietorship is exempt.

It is important to be sure they align with your goals and that you feel they are a right fit for you. https://www.biggerpockets.com/member-blogs/10145/83067-limited-partner-s-guide-to-investing-in-the-right-dealhttps://www.biggerpockets.com/member-blogs/10145/73373-opm-how-to-syndicate-with-successhttps://www.biggerpockets.com/member-blogs/10145/72118-syndication-the-ins-and-outs-of-real-estate-syndication

I'm not a lawyer or expert on deal structuring but what we see the most common is a single GP (general partner) and a number of LP's (limited partners).

Remedy after termination.If the rental agreement is terminated, the landlord may have a claim for possession and for rent and a separate claim for actual damages for breach of the rental agreement, reasonable attorney fees as provided in § 55.1-1245, and the cost of service of any notice under § 55.1-1245 or 55.1-1415 or process by a sheriff or private process server, which cost shall not exceed the amount authorized by § 55.1-1247, and such claims may be enforced, without limitation, by initiating an action for unlawful entry or detainer.

If there’s a lawsuit or financial risk associated with the property, the LLC structure helps limit your personal exposure by acting as a liability shield.

Start with limited funds and use rental income to save for the next investment.Good luck!

If you bought the endorsement "Back of Sewer and Drain" then any backup would be covered. up to that limit in your policy. 12 inches of mud would not be a back up.

We are for-profit and currently have about 150 beds, most of which are in large single family homes located within city limits (no suburban living for us).