Thank you for the response! 

A credit card , you are only responsible for the first $50 . 

Yesterday, a woman commented on a couple of my responses as "Scammer" and disliked my posts.  

•My California LLC serves as a holding company for my out-of-state LLCs that own the individual properties.This structure keeps things organized while ensuring compliance with both states’ regulations.As for your bonus question, it depends on how the property was purchased.

Quote from @Kwok Wong: Quote from @Jonathan Greene: Quote from @Kwok Wong: Hi @Jonathan Greene, @Chris Seveney thanks for your response and I apologize for the short message. 

Thank you all for your responses, and apologies for the delayed reply.

Thanks everyone for your responses!!

Not only will this help reduce unexpected costs but tenants often take care of their property better when they are responsible for the repair costs. 

Because you'll be the titleholder and you'll be hiring the sub-contractors, you'll be co-responsible for what they're doing.

I've had HUD forms filled out billing me for pro-rations that were the seller's responsibility, agents who have lost track of contingency removal dates, ... the list goes on and on.