Lenders that don’t require an appraisal will perform a desktop appraisal but will typically have a very conservative view on the value of the property to protect the company’s investment.

This could turn a potential loss into positive cash flow while protecting your property’s value.

A good PM should protect your interests and anticipate potential risks like this.Let me know how it all shakes out!

There are ways to mitigate the costs and protect yourself to the extent possible.

Since they (banks) have FDIC protection and these other "trust" custodian do not I am now looking at how to protect what we have.

Good tenants help you protect your investment.

LLC offers better legal protection.3) Setting up in states that allow your identity to be hid is also overblown.

Choosing an STR-friendly area can save you significant hassle and protect your investment in the long run.

Include a buyout clause allowing you to transition to sole ownership after two years, based on a pre-determined valuation formula or market value.Use an LLC to hold the property for liability protection and pass-through taxation, ensuring both partners benefit from depreciation to offset rental income.

Very conservative approach that protects the seller.There is a long thread that covers what I'm talking about atPace Morby Mentorshiphttps://www.biggerpockets.com/forums/79/topics/1001612-pace-...