If I'm wrong, do clarify.

I think it’s easy to assume wrong doing without knowing the details, but after this explanation it’s understandable how this could have been the scenario.Although I feel my realtor and lawyer should’ve educated or looked out for me here from a diligence standpoint, it could be a case where everyone is going on the word of the seller’s.Appreciate the detail.

she dug Your Money or Your Life, and is currently reading 4 hour work week. she's really digging it, and we're already starting to make lifestyle plans for our future. the problem for real estate investing, is that we did the dave ramsey class together, and she's huge on not being in debt. she's struggled to get out of it in the past, and has only her student loans left. assuming the world doesn't end, haha, she'll be out of debt in about 12-16 months, and still in her early 20s. when i try to explain the difference between "good" debt that creates more income than it costs, and "bad" debt that doesn't create income, or appreciation. consumer debt vs business debt. that kind of thing... it doesn't really click tho, and she's still hesitant. she's a w2 earner (i'm a 1099) with decent income, so she could easily land an FHA loan and lock in a house hack within the next year, allowing her to save/invest tons of money and kick the whole thing off even faster. i would love to present this to her in a way that doesn't seem forced, or "i'm right you're wrong do it my way". i want her to really get it on her own, to understand the power that real estate has to change your life. anyone else dealt with this before? 

They admitted no wrongdoing, but agreed to pay $67,000 to Keel, FHCO and their attorneys (no information as to splits), $4,000 to the DOJ, and $4,000 to BOLI.

It's best not to have an LLC than to have one that is put together or run poorly.I came across this case "Colorado Court of Appeals Pierces the Veil of Single-Member LLC with No Showing of Wrongdoing" - I don't know why the title says no showing of wrongdoing, if you read the article, the LLC member did a lot of things wrong....http://www.llclawmonitor.com/2012/03/articles/piercing-the-veil/colorado-court-of-appeals-pierces-the-veil-of-singlemember-llc-with-no-showing-of-wrongdoing/Another LLC piercing casehttp://www.professorbainbridge.com/professorbainbridgecom/2012/05/more-llc-veil-piercing-silliness.htmlAlso interesting comment from the article:Both cases support Professor Stephen Bainbridge

Restitution is designed to compensate the injured party for your wrongdoing, while the government imposes a fine as a penalty.

(I could be wrong and probably am wrong). Do

Even if the agent wasn't a part of any wrong doing or had any knowledge of wrong doing, I wouldn't want to be in that agent / brokers shoes having to defend myself.

In many cases there was no wrong doing on the part of the originating broker, so nothing for the public attorneys to do.

When it comes down to it, I like the way it looks and want to put out the best product and I don't think you can go wrong doing that.