@Jeremy Woods if we really want to get in the weeds...An LLC owner can be held personally liable if he or she: personally and directly injures someonepersonally guarantees a bank loan or a business debt on which the LLC defaultsfails to deposit taxes withheld from employees' wagesintentionally does something fraudulent, illegal, or reckless that causes harm to the company or to someone else, ortreats the LLC as an extension of his or her personal affairs, rather than as a separate legal entity.Wouldn't buying in your name then transferring to the LLC meet the two bold comments?

While experienced investors have occasionally found the 'diamond in the rough', it takes a lot of looking, knowing where to look, having extensive contacts (of the right kind), and the knowledge and experience to recognize the real deal.  

But since most refuse to follow common sense advice, and gotta get a good healthy dose of a bad tenant experience in order to learn, consider doing the following:   Collect or you pay 75.00 and do a more extensive background check.Require a $500k non-refundable Pet "Fee,"  Not a pet deposit, but Pet Fee. 

I can not express more to use an agent and select a title company and loan officer (if applicable) with extensive experience selling HUD homes.

Luckily the seller was a friend of the family and it was no problem getting contract extensions. 

As far as I'm aware sellers have no obligation to warranty the condition of the home after a sale so long as they disclosed known defects.On the upside, it doesn't sound like that extensive of a repair and likely one that wouldn't be worth filing an insurance claim for anyways.

For any client I work with that has limited knowledge on the subject, I extensively explain the home-buying process (including financing) whether they want me to or not.

I would not worry to much about having an extensive buyers list.

The other has extensive experience in social media campaigns and some SEO.

.- Should I make a claim against the tenants for the remaining 3 months of rent because the only issue we've had with the house that resulted in any mold (after extensive inspection) was due to tenant dryer negligence (i.e. if there is an issue it's tenant caused)?