As soon as they ethically and legally help a seller avoid foreclosure, and do everything they promised to do on time, the seller will turn on them and start complaining about some perceived injustice, calling them a con artist.If you can live with being treated like garbage by the very people who would have been thrust out on the street like vagabonds in the middle of winter without two pennies to rub together were it not for you bending over backwards and risking your butt to save them with an overly generous arrangement that’s better than 99% of other investors would ever consider doing, then by all means, go ahead.If the irony of explaining something multiple times in clear, direct language, and having them read and initial every paragraph of a painstakingly understandable, notarized CYA letter, contract to SELL, and Lease Agreement, only to be threatened with legal action because they claim they didn’t know they were selling their house does not make you ashamed to belong to the same human race, then proceed.If you’re going to do it, just know the following things:1) No matter how intelligent, sensible, and responsible you believe a seller to be, they will mutate into something else entirely the very second you advance funds and solve their problem, to the same extent, and with the same speed and ferociousness as Bilbo Baggins in the first Lord of the Rings movie.2) You will go from benevolent savior to despicable con artist within 1 week after closing.3) They will almost always stop returning your calls once you have solved their problem, which makes collecting rent or qualifying them for a loan more difficult.4) They will understand the terms of the sale and lease with 100% certainty, until the closing has occurred, at which point something which scientists do not yet comprehend alters the chemistry of their brain and supplants their true memories with false ones.

The only difference is that I was there first and when I met the seller directly we had good chemistry.

There was no odor of ammonia  or cat pee or chemistry equipment.

I do that also because that's what you would do with people you like.Combine this with my tenant screening process, tenants with 800 credit scores, good jobs, ambitious, etc. provides chemistry and make the management even easier.The last property I bought with an LLC all cash and I will continue that trend.As the older properties have their Mortgages mature, we will be putting them in LLCs as well.Eventually all the properties will be in LLCs, but it's just a natural evolution and it doesn't change the way I manage.On a tax basis, I don't think there is much of an advantage between having your property in or out of an LLC.

My GPA in high school was so low because I saw no point in learning chemistry or pre calc when I will never need it in the real world. 

What you need is chemistry.

I studied Chemistry at Oregon State University, then moved to L.A. to become an actor.

I graduated with a 4.0 GPA in Chemistry from OSU, became the Lay's Chips Guy, I paid my father back, I'm acting nearly full time (although in China, so that' crazy), and I now have the resources to start many more projects.Lessons learned?

You're looking for those you have chemistry and the right timing with.

Neuro, helping TBI and stroke sufferers.