@Corazon B. when we initially purchased the home it was under our name, but we have now gone through the process of changing it to be under the LLC.

We’ve just finished our 2025 planning meetings for our six largest projects, and it’s been an interesting process. 

Is that a long process? 

I'd be happy to walk you through the process if you have questions, just DM me.

Yes, but highly unlikely:(Anaylsis process is pretty simple.To determine what to offer on a rental property:Determine reasonable market rent, NOT the highest!

.: Quote from @Theo Hicks: In ideal conditions:Pref equity receives higher ongoing distributions but no profits at saleCommon equity receives lower distribution and profit at sale (assuming their is cash flow left over after pref equity is paid and assuming their is profit at sale.In non-ideal conditionsPref equity may receive ongoing distributions less than pref, or no ongoing distributions at all, but the pref accrues.

Skip tracing LLCs is a double skip process.

Failing forward is part of the process.

However, there is a straightforward process that does not require any secrets or gurus, which is illustrated below (click to enlarge).I will summarize each step below.GoalsSetting written goals is the foundation of any successful venture.

Since this is my first go around - I'd really appreciate advice on the following:- any references on lawyers /firms to work with to go through the Barment and foreclosure process without breaking the bank.- Ball park ranges - what can I expect the cost of this process to be?