LLC offer the potential protections you seek.LLC allows write off and business expenses.Consult with counsel and accounting.

sure, and you need paperwork to protect yourself.

During this time, you can market the property to potential tenants and secure a lease before the purchase becomes final.Steps to Implement a Lease-Up ContingencyConsult with Your Agent and AttorneyDiscuss your plan with your real estate agent and a real estate attorney to ensure the contingency clause is correctly drafted and legally sound.Your attorney can help you draft a contingency clause that protects your interests.

I'm guilty of this to a fault at times, prioritizing other peoples families over my own even..but success takes sacrifice and top real estate professionals are generally rewarded for their contributions to protecting and providing for their clients.

(Credit check, putting up collateral as protection for my IRA loaning to, etc)

Even at that I do face economic challenges and pitfalls, I am not protected against future rate changes.It can be done, but it’s definitely not as “easy” or as simply lucrative as many guru’s teach.

It's much harder to find a quality PM that has solid policies and processes in place to protect your property, income, time, and sanity with little owner involvement.When considering investing in a market, I recommend starting with your search for a good PM.

I just want to protect myself from holding a place empty for 30 days and then he change his mind.  

They wanted to make money, but they were focused on protecting downside risk.

It restricts the collector from disclosing the borrower's debt details to anyone except the borrower, their spouse, or their attorney.Gramm-Leach-Bliley Act (GLBA): This federal law mandates financial institutions to protect customer privacy.Fair Credit Reporting Act (FCRA): This law regulates how credit reporting agencies handle borrower information.