1 very common thing in Memphis is that almost ALL property is listed too high for numbers to make sense.. and if its listed at numbers that work, then it creates a multiple offer situation and investors end up paying more than they need to.

Can I just birddog the situation, step out the way, bring the buy and asking for a referral?

Depending on your current living situation, you could do both. 

So that rules out areas like City Heights / Skyline / etc.4) Parking - make sure you scope out the parking situation before you buy.

Here is one thing you can do if you honestly do question that situation. 

You will want to talk to a CPA to see which hours count and which hours don't as there is a lot of gray area with your situation. 

If you want to get on a one on one, I'd be happy to look at your current situation and give you advice on next steps.Cheers,

You might approach your previous lender and explain the situation honestly but tactfully.

Some people in your situation do decide to rent by the room but it is location based. 

My question is, how can I structure this to protect myself from a situation where someone sues the LLC and takes the property, leaving me personally liable for the loan?