I actually had a fire MYSELF, yes personally. 

JeffWe lead a couple investor meet up groups in person and live stream about the Central Ohio real estate market.

Hi Aaron,It's always challenging when companies go through transitions like this, especially when it involves something as personal and critical as managing retirement accounts.

And will you have ongoing maintenance issues beyond your CapEx based on the building's age.I personally would be suspect of this deal.

Personal guarantees are EXTREMELY common.

And personal downsizing is always good for business!

Hey folks, Due to a lot of depression and personal issues, I let my property taxes go unpaid for close to three years.

It's not worth hiring a lawyer but as you suggested, small claims court may be an option IF you hired them in your personal capacity OR if your jurisdiction allows LLC owners to go to small claims and represent the LLC in court (many, most?

Right now, the best offers around me are for some 1.3-4 million, that only generated around 100k per year gross, so there would be a high chance of not cash flowing, and paying money, especially with a commercial loan (these buildings have more than 4 units).I was thinking that although the rental itself does not generate money, I would be able to deduct the mortgage interest, and depreciation from my personal w2 income and would be net positive.

Do you own these properties in your personal name or through an LLC?