I almost did not get a loan on mine because an un-capped well was discovered and found to be a liability (in case like a kid fell in it, I guess?)

So even if you pick a state with stronger protections like WY or NV, the cause of action arose in the state where the tenant fell, so likely that the court where the accident happened would have jurisdiction.California tends to have more laws on the books and requirements and restrictions that it can be a good idea to form a CA LLC for out of state property so that you as a CA resident are covered, and to try to have your contracts fall under the purview of CA courts.

But after the duct tape became saturated & fell off they finally called us to see why it was still leaking.

Never lend to owner occupied-  Had a friend lose $20k because the borrower hired an attorney and the judge said since the loan was on an owner occ, the lender by default fell under strict SEC lending guidlines.  4. 

He is asking 120k on mls but I know he accepted an offer for 85k that fell through.

Finally, after several care-free years in my 20s, my wife and I closed on our primary residence in the Upper Fells Point neighborhood last June and really enjoyed the process as crazy as this sounds.

it fell through anyway. 

always remember the important thing is what your audience (investor) wants.How safe is the investment and why, how much money can he expect to make and why,,not BS numbers, but solid numbers that you can show of specific houses that are for sale now (or recently), what the rental income would be, and the entire breakdown showing your calculating projected maintenance, vacancy etc.You HAVE TO KNOW WHAT YOUR TALKING ABOUT,,what will interest the investor is your knowledge, showing you have done your homework,,you have to do a lot more reseach before your ready to pitch anyone (unless they are a relative, but even then I recommend a lot more research,,,talk to investors in your area,,,,get to know your market,,after you have done all that a 'business plan' is just an outline of how you plan to move forward, what is important is the thought/expertise you have put into itI once knew an MBA from UCLA that couldn't accomplish anything,,he could write fancy reports, business plans,,but when it came to actually performing,,he fell short,.

Now the outside of the wing wall has fell and caused my portion to severly lean, and now they say it's ALL my resposibility, even though they told everyone else that their wall was their wall and my wall is 50/50.My Insurance does not cause pay for structural damage,claim denied.

Smaller margin but operated tighter.Honestly we "fell" into this model.