I have stayed at many STR and have never had security system that I have access to and it hasn't been a problem. 

If you use more of your own cash for the project, you become less versatile and flexible if a problem arises. 

If the LLC is used for something other than owning and operating rental real estate, you may have a problem.

The other way to lower PITIA is to get a lower insurance quote but this is marginal since most insurance carriers are all priced to market efficiently (insurance accuraries have low margin of error or variability).Stated the problem and the solution to your FHA inquiries, any thoughts questions comments, lets goooo....

What are you talking about.All of the other investor-members above laid out an easy solution for a typical problem and also accurately stated that a lawsuit is unnecessary and won't work. 

FTF has taken many of my clients out of my bridge loans in the past.. this guy could not access his draw money and was out about 300k. now he has the wherewithal to solve his problem but i can see others being in major trouble if work is done and draws are not forthcoming.

How will you handle the 1,017 problems that come with managing a real estate investment?

If you do not know how to control money well, adding more to your bank account will only create new problems.

We certainly have some problems with damage, but rarely goes over the deposit amount.

I went through the process, and everything seemed to be in good shape: the inspection came back clear, the appraisal was spot-on, and I was excited to get my first tenant in May.That’s when the problems started.