You may want to seek out an attorney if you are looking for a registered agent or if you are going into business with a partner, because there can be numerous decisions that need to be made regarding the arrangements between the members of the LLC.Asset protection problems usually arise when you don't run the company as a separate entity.

Please let me know if anyone is interested in more details and in helping this woman acquire a home where she can adequately provide care for numerous foster care children.I can provide more details upon request, please direct message me. 

I've read numerous books and listened to many webcasts, but have never seen it spelled out.So the houses are leveraged with 15% downpayment at 5% interest with the lender. 

Needs to have numerous beds.

Not a high crime area but the police has been at this tenant's place on numerous occasions.

As another exit strategy I am considering the vehicle of Buy, Rehab, Rent & Refinance as mentioned numerous times here on Bigger Pockets.

The NEVER lock the common entrance door despite numerous requests and a sticky note left on the garage door opener that they do so.2.)

I have read numerous things and am looking for Virginia Law as they seem to be different everywhere.Any input or stories would be helpful.  

If you search this forum there are numerous examples from Ohio where wholesalers where fined.

You must have a ton of patience with using a 203k. if you think it sucks now after a couple of days, just you wait...lets hope closing goes according to plan but some cases it doesn't. closing for me was pushed back numerous times by the lender (insanely frustrating). good luck!