Since basic real estate investing principles are the same, where the group is doesn't matter. 5) LLC's are the least of your concerns at this point, insurance is more important.

The option contract itself should address liens, encumbrances, etc., but again enforcement may be after the fact.  

Obviously this is a huge concern, as a tenant could sue you as an individual for liability of the property, and in a country like this that could bankrupt you.

Thank you I can't answer how you will secure financing but I can address how we usually addess creative financing. 

The reason I’m asking is because I’m working on a potential solution that leverages AI to address these exact challenges.

I definitely hear your concerns, Mitch, and I have the same concerns, as well, but that's why I am asking for some advice!

We kind of stumbled into it and keep stumbling as we go but not having a plan or framework for business is a major concern. 

I’m concerned this could come back to bite me so to speak.

I have remodeled the unit completely prior to putting it to rent, including addressing pre-movein readiness checklist I was given by RL after they walked through the unit (small list of punch items like toilet paper holder, cleaning unit, door stopper etc.).

My wife does tell me about what I can say concerning the things I've learn and to be sure to not call it advice.