@Giovanni LunaWhy complicate it.

Stick with it not as complicated as it sometimes sounds-lots of ways to make a buck-and many more ways to lose one.

So, while the meth complicates is a little, it doesn't change much because if there is any smoke damage it needs to be remediated regardless of whether it was meth or just household items burning.

I never even thought about the possibility of inheriting a repeat sex offender, and how that would complicate things.

CA always has to make things more complicated don't they?

Great location, but starting tear out of the whole house for the land is 10 to 12k with no complications.

I don't know if you would need anything more complicated than that.

To complicate things 1) he has no vehicle.

And then you have an Operations LLC - a shell LLC that is the public facing entity, doing all the interactions with tenants, contractors, leasing, hiring, management, etc. with no assets and very little funds beyond whats required for proper capitalization and operations.That's the basic idea, but things get complicated from there due to the partnership, financing, commingling, etc - which is your current situation.

I just got a loan on a 55k property with 20% down, our income is already very complicated with self employed income, rentals etc.