Not legally obligated to in my state.

Fifteen year lease with annual rent increases and lease backed by corporate.

Banks developed the ability to sell mortgages by creating Collateralized Debt Obligations. 

Just look and see who owns the largest parks, it's the people that have been in the game since day one or Corporate America. 

@Emily Reynolds - If the investor is an equity partner in the corporation and you are managing everything than 50/50 is the norm...now I say norm not knowing where you're investing.

When applying for a sole proprietorship, L.L.C, Corporation, partnership, or S Corporation.

This has made it so hard to relate to friends who just want to talk corporate work stuff, or who want to talk about the latest restaurants they've been at, etc.  

Usually, if a unit is going to have problems, it will start within the first year, and you'll want the installer to be the first guy to go to.Forget about Lowes/Home Depot,  a local guy with a good reputation has more on the line and more accessible, than a corporation.

You also need some business cards that have a couple things for you to write in manually like your phone number but not your cell phone number.Another thing you should consider, depending on your financial worthm, is to form some sort of corporation or a LLC,  Expect that most banks are against doing a loan that not in your name, even a transfer.  

When I was a banker we consider someone's personal debt obligations by using a global cash flow analysis and the dscr on the individual property.