Transportation industry is huge with lots of goods going across the border, so in theory trade deals could cause waves here for better or for worse.Things are definitely growing down here.

Most likely the state where the property is located is where lawsuits would be brought if they are something for personal injury like a trip and fall or something of that nature because the “cause of action” arose in that state.

I'm now hearing an unpermitted bathroom could cause issues with insurance claims, city fines, and resale.

Depending on how much money you're making (which, if you're at a loss, may not be a ton), those trusts can sometimes cause more tax than going the standard LLC route and just paying the $800 in the first place.I'm not sure from your post if you're talking about income taxes that are owed, or the $800 LLC fee, which is more akin to a franchise fee in the terminology that you're using. 

A licensed and insured contractor has insurance coverage for damage they cause while doing their work.

While the learning experience might prove valuable, it will likely cause years of suffering and a net loss.I do agree with the idea that people should do rather than sit on the sidelines, but you have to be crazy to think that the real estate market is in a great place.

The length of the inspection procedure may also cause a delay in the tenancy's commencement.

It just caused me more stress than I needed to be honest.

(Unless it’s a STR causing problems each week).

It is a very protracted and complex case, but I shall summarize best I can:- husband caused the fire and committed suicide- insurance claim denied due to arson- wife filed bad faith claim against insuror under innocent spousal relief argument- insuror still refused to pay claim- wife exhausted all resources; abandoned further claims against insuror- city deemed property uninhabitable and issued demo order (lien)- property demolished along with the solar panels- husband was the sole lessee of record on the solar lease- wife submitted death cert to solar lease co.- bank just recently issued cancellation of debt to wife for 1st mortgage- wife wants to wash hands of it all and sell vacant lot to meMy discussions with the public adjuster I brought on the case was that since the property no longer exists, the solar lien is wiped out, but I'm not sure.