LOLSounds like he is getting in way over his head if he has no experience in owning or landlording even with your help.To answer your question The bank will most likely not allow you to remove your name from the LLC they will want you to be 50% on the LLC, they may even want you on the note to personally guarantee the mortgagee.This also could be very disruptive to your relationship, no matter how close you two think you are now.

It's unbelievable how much damage they can do and how disruptive they can be to a neighborhood.If you were near a serious college where students are there to study, you'd be safe to take graduate students and probably even upper classmen, if you had a grade point average requirement as part of your written criteria.

There should be some turmoil regardless of who wins, but President Trump will cause some major disruption for REI if he does what he says.

He screams and swears at them at the top of his lungs which is very disruptive.3.)

I much prefer this system because:1) You're more likely to be paid on time.2) You immediately know when a tenant is having cashflow difficulties, because there'll be a disruption to the payment schedule.3) Records are created and kept by the banks for you; it's easy to know and prove who's paid and who hasn't.4) The potential for fraud is largely eliminated.5) Transaction costs are negligible; it's cheaper than paying staff to handle cash and checks, and there are no problems with returned checks.6) Tenants generally prefer it, too, because it's so easy.

PSWe only occasionally paint during a tenancy, most tenants don't want the disruption of painting while they and their stuff are living there. 

I have made more money with much less disruption since I've had them.  

Hi @Aaron Thomas, you're definitely doing the right things by starting here, looking to build a strong network, and looking for people to steer you clear of the costly and disruptive mistakes you can avoid.I'm in your area, so I'm happy to have a phone or coffee chat with you to share some of my network and experience.Connect with me on BP and LinkedIn, and give me a call.

Is it illegal to discriminate against loud/disruptive people regardless of age?

This could be under an existing hotel brand or a whole new disruptive company.