Rarely are there claims worth pursuing personal assets.

Plaid paints striped top may cause you pain if you have a claim as well.When you transfer from whatever vesting as real person(s) to LLC it is a sale.

If the deed or loan is still in your personal name (which is common even when the LLC “owns” it functionally), they include you to make sure there’s no gap in coverage.

When I buy my primary home it has to fit my PERSONAL needs.

I've inherited a modest real-estate portfolio: 23 doors across 2 multifamily properties, 3 SFH long-term rentals, 2 condo long-term rentals, and 2 single family homes that were personal use that I'd like to transition to short-term rentals.

.• Is it easier to finance as a Canadian using a DSCR loan, a foreign national loan, or personal income, and can projected STR income be used?

Quote from @Elias Halvorson: Just do a personal loan.

I can't see how they can tell if days were blocked for personal use or a rental.

Even if you have a LLC, the LLC would get sued but the person who is responsible is you.  

In March of 2024 I did agree to take on the project months, but then I discovered unpaid taxes, undisclosed city issues, and several liens I was never told about.To prevent immediate foreclosure, I’ve been making the interest-only payments on the hard-money loan for 8 months while renovating.The property recently appraised below the loan balance, and the lender is refusing my offer to refinance/payoff at a lower amount.They also suggested they may “wait years” to foreclose, which has left me unsure of my rights since title is now in my name.Meanwhile, the original investor appears to be moving personal assets out of their name despite previously giving personal guarantees.My questions for the community:What realistic options exist when a hard-money loan exceeds the property’s value but the investor has abandoned the project?