When creating my LLC I was not allowed to use a PO Box and had to use my personal home address.

It's difficult - often impossible - to verify their identity, address history, ability to pay debts, or criminal history without a social security number.

This will give you a good start to figure out how you can do with one.You can also check out https://www.awning.com/airbnb-estimator and run some addresses to get an even better idea.

However, the returns should be greater for those looking to take on the risk.But your points are well-taken and I will look for ways to address how to protect the investors.Thanks,Matt

Third, will start addressing your question of umbrella coverage.

Let me know if I'm looking at this address wrong.

Create columns for Name, Street Address, City, State, Zip and then contact info: Last Contact, Relationship, Status, Email & Phone.IMPORTANT: do NOT ask people for THEIR business, ask for referrals!

I'll address your second paragraph with where you are talking about a 10+ unit building. 20% has historically been a minimum down payment (I'm saying minimum...it might be more down from lender to lender) on commercial property.

Just look for the phone number or the address inside of the jacket.

To address this, we agreed that I would work in the business for six months to verify the financials, which so far align with his POS system.My main issue is that at 23, I don't have strong financials to get a conventional loan at 75% LTV with a ~7% rate, and the seller's lack of financials complicates bank approval.