If fraudulently filed then bank is injured party.4) Show me the note is the strongest offense - it is not a theory as some have indicated.

Draw out enough cash to buy another, and build yourself a rental income base that at least meets your personal monthly living expenses in case work slows up again or you get injured.

That lawsuit is a claim for fraud, and that’s what fraud typically is...a misunderstanding and someone being “injured” and wanting to hold the other responsible for it.

ANY discount on rent IS "payment", from the IRS perspective, and needs at least a 1099.2) At a minimum, if they get injured on your property, you have a potential worker's comp claim...whether or not you have workers comp.3) Often you find personality clashes.

How will the courts treat you if someone gets injured at your property in Florida, while you live in Tennessee, and have an LLC based in Wyoming?

If someone injures themselves and sues, they will be suing the LLC and not you personally.

It seems that either way if someone gets injured you WILL be sued.

If someone injures themselves and sues, they will be suing the LLC and not you personally.

But he got injured and this company has just went down hill and they do not do what they said they would do.  

You should consider asking for your money back.Than Merrill is a football player who got injured and had to quit and now he flips houses.