Attorney rendered an opinion that is inaccurate.

And I was able to do this on my own, spending only $480 on the renderings (included below), not including the application fee which was an additional $360 or survey which I had done about 2.5 years ago for $625.

I would like to avoid requiring my tenants to obtain renter's insurance and this language indicates that I am requiring it by requesting proof of insurance to be rendered within one month's time.I think it is the tenant's responsibility to insure themselves and to be accountable to themselves.My concern is whether they choose to not purchase renter's insurance, is their any liability on me. 

Originally posted by Account Closed:Jain,It will be hard to find cash flowing properties in the Bay Area.My rule of thumb to get a cash flow you rent need to be at least 1% of the purchase price.Meaning if you are buying $150000 property rent need to be $1500 monthly to be constantly cash flow positive.This rent to price ratio is unachievable in the bay area.If you are looking for the cash flow I would recommend to concentrate on out of state investments.If you want to learn more feel free to check this meetup: meetup.com/Los-Gatos-Real-Estate-Networking-Meetup/ I usually would get accused of rendering a hate speech for suggesting this very line of thought.

Romans 13:7-8    Render to all what is due them: tax to whom tax is due; custom to whom custom; fear to whom fear; honor to whom honor.

@Chad Bixby, no way to know unless you post actual "strange" fees for us to review.What is loan amount etc. as you give us none of the information we require to render an opinion.$5000/3%= max loan amount of $166,666

And the last thing: entering into contract with a seller who suffers from dementia and mentally unfit to comprehend and execute a contract renders said contract void and null in the eyes of law.

But, in the event you really are persuaded that it is important to separate each asset, ensure that whoever is managing the books/monies on the LLCs are doing it 100% correctly as even a small mistake can allow would-be litigants to pierce the corporate veil and render all of it in vein anyway. 

I was deeded 80 acres in Eastern Oregon for services rendered and later sold for $29,000.

I expect to get paid for services rendered.