Vetting a property management company is crucial for protecting your investment.

locale=%E5%93%AA%E9...https://www.hpcwire.com/2024/09/05/xai-colossus-the-elon-pro...https://www.npr.org/2024/09/11/nx-s1-5088134/elon-musk-ai-xa...Hey Haider, this project doesn't bring much jobs but its a step in the right direction when it comes to growth in Memphis & it brings outside eyes here.

An LLC is useful for two things: anonymity and legal protection.

LLC is a WY corp, so this would require waiving WY protections. 2.

There is a multi-family nearby that I've had my eye on for a while.

But I can't if closing costs are 3-5% for purchase price of each home. 4) How do I protect myself and give the seller assurance from renters with the structuring of the home insurance?

@Raul Mena There’s really no need for an LLC at this time, but landlord insurance and/or an umbrella insurance policy may be a good idea to give you extra protection because of those other people living in your home.

For example, do you need a permit to swap out windows (lead renovation EPA requirements for the age of home or do you need tempered or fall protection) all the way to a city that has $3,000 permit fees. 

If the answer is no, I believe you’re overly concerned like many BP forum alarmists who don’t understand anonymity is not asset protection. 

The government wants to force landlords to cover the cost of cooling renters, but that same government doesn't protect paying customers from rolling blackouts.