They said it was a lot easier and better to simply create a new LLC to properly match what you are trying to do.  2) So, that is the other route, creating a brand new LLC.The PartnershipThe hardest ship to sail is a partnership, and there is no "fairest way" to do things. 

My father even brought me along to ask for private money lending at peoples homes. 005 bought my first home in Louisiana, turned into a rental and moved to Fort Worth Texas and bought my first brand new duplex in 2008.Educated myself and bought real estate investment courses and settled on Armando Montelongo‘s flip this house completed that course and bought my first 2 fix and flip in 2009 sold one in 2009I did not farewell during the housing market crash, simultaneously lost my job due to the Event Horizon oilfield disaster.My lovely wife and I now purchase real estate in San Jose Del Cabo Mexico with our cash and build with our money as well.

I'm really interested in see how the "Local Agent in Charge" plays out and if they really do go after agents / brokers if the property owners do not comply. 

So you have 25k to play with right now, not 40k.

This is where the power of leverage comes into play.

We even have brand new homes that cash flow more, due to the fact that the builders offer a much lower interest rate.

I guess I always played it safe because of the security blanket it offered me.

EvanThankfully I am 100% up to speed and educated now from learning from this person.I cannot believe how lucky I must have been over the past few years with my investments- its like literally flipping a coin 600+ times and was able to call the right one 95%+ of the time - I am just THAT lucky - I may go play mega millions. 

An almost brand new property which is now rented out at $4200 when others in the complex rented around $4000 or below.

What role does being named "Additional Insured" play within the context of a Lender?