This is a very rare offering from what I can tell (based on my research), and these features in conjunction with the amenities my building offers (you name it we have it) and secured garage parking available (extra $), I am allowed to charge a premium for my rental.

🏦To get to the point where you can avoid personal guarantees, you’ll need to build your business credit over time:Open trade lines in your business’s name (utilities, vendors, etc.).Make sure you’re reporting payments to business credit agencies like D&B.Keep your debt-to-income ratio low and maintain good cash flow.It doesn’t really matter if it’s an LLC or S-Corp—what matters most is establishing the business as a strong, creditworthy entity.But yeah, in the early stages, personal guarantees are almost unavoidable.

Your Name: Russell BrazilWhat would you consider your area of expertise - real estate related or not!

Pays power but water /sewer are unpaid for 2 years & accruing in my name & they won’t shut off water to an “occupied” house.

2) Who are some reputable names?

Should I close my LLC and Quit-Claim Deed the property back into my name and just do an Umbella insurance policy?  

It seems like the condo you linked is almost geared towards short term rentals, so you should be in the clear on this specific situation. 2) I would take a look at some STR data either via a dynamic pricing software (pricelabs, wheelhouse, etc.) or take a look at Airdna to take a look to see what is the “sweet spot” is in terms of size of rentals in your market.

We plan to personally lease the unit to a newly created LLC and run direct expenses through a separate bank account in the LLC name. 

Hey there,my name is Sven and I am originally from Germany.

I have already created a single member LLC in my name (husband) and the attorney said that it would be fine to proceed this way and that it would allow me to self-manage and maintain liability protection.