There is a push to try to reverse the prop 19 clause that dictates prop tax being reassessed except primary to primary.  

You'll be exposed for some time, that's your down side.Most of this board opts for this route of umbrella coverage, but I disagree with a lot of what this board pushes.

The core 4 is a great BP push and it works for the big dogs, but you're a little dog.

The LLC files a schedule C at the end of the year and all money in and is wash as it’s paid out to employees.  

Push for that but if you are not ready or there are no good deals, do not force a deal.

Someone gets injured in the basement your home owners insurance probably will not cover it and the liability would be pushed back on you.Would suggest discuss the finish with a Licensed Contractor, Licensed Expeditor and maybe a zoning attorney in regards to adding a unit to current zoned two unit converting to a 3 unit.Also, when buying a two unit and converting it to a 3 Unit, read your documents with out knowledge of the conversion the bank holding your mortgage could call your mortgage.Let me know if you have any questions.RegardsJoe Scorese

I noticed your comment on a few hundred dollars a month, I would say that yes I agree it's still profit however, the return of only a few hundred isn't worth the risk of tax, insurance vacancy or some repair pushing me over the edge there, I would rather find something a little more appealing if I am tying my money up.

You might need to send out a 1,000 mailers and make a 1,000 calls to get ONE awesome deal and when you understand intrinsically you are able to push and not give up!

I had a remediation contractor come out, and he told me the levels on the report is what he'd expect from a basement in Portland, and any amount of washing / bleaching wouldn't reduce the levels much long term as more moisture would enter the space up from the slab because concrete will always give off some moisture, and he couldn't really recommend much remediation. 

It's a basement rip it out, wash it all down, move on.