If they sue the LLC and it does not own anything who cares?

First two transactions client is required to bring in 10k so they have skin in the game then once model is proven  JLH capital provides 100% funding for purchase and if there is rehab 100% of rehab.

Consider carefully what types of properties will help you achieve your long-term goals while maintaining the financial freedom you’re working towards.Let me know if you'd like to go deeper into the financial modeling or need any assistance with financing options to pull out the equity.

Be careful with wanting to hear a lot of people saying it's a good market before going in.

I have had this situation come up several times this year, in multiple states, Lenders want to have the borrower have skin in the game at this point in time. 

But of course, you need to be very careful about the risk of starting a trade war.  

I wanted to point out another big advantage of CA RE that is not present in most out of state markets.  

be careful of those offering to do these deals and wanting commitment money up front 95% of those will be fakes and will just steal your money.. you have to realize that gap funding behind HML is by far the most risky loan anyone can make in real estate .. so u may not have many if any takers on this unless your offering a big equity upside bonus and more of a partnership.

It is all about short stay for business, professional and health care stays.Also, make sure you have a real live lease for any stay over 30 days.

@Matthew L HearnHi Matthew,The tenants are not in the way if they have a signed lease, and you do have to honor the lease once you take over the property.Once the tenant's lease expires, you can always send a letter of non renewal so that they will vacate the unit once the lease expires.Make sure you read the leases carefully and the expiration dateGino