Prioritize your financial stability.

I completely agree with the advice and I'm perfectly okay with not charging him rent.My concern is that by treating this property differently from all the other units in the Series LLC, I may be opening myself up to a situation where I'm weakening my LLC protections even if I keep the financials separate and in order.

I don’t know of any other opportunity where you can net $10-20K (in some cases even higher) per month on a single residential property.There’s usually plenty of room to bring investors in and everyone involved still win, even in todays higher interest rate environment.Financially, residential assisted living is usually a more cost effective option for families than alternatives.

Innovators today brag of being agent's of corporate goliath's with action plans to break new ground to "sell-out" to ___ giant.

@Ibrahim AtoumIf you're starting house hacking at 20, focus on building your knowledge and financial readiness.

I invest here in GR and am happy to connect you with our financial advisor who is helping us structure our businesses for our properties. 

Today, the property management company contacted me and relayed the tenant's concerns:1.

Looking back, the biggest lesson was saving from a position of financial strength.

Knoxville has some good ones like First Tennessee, Pinnacle Financial Partners, Y-12 Federal Credit Union.

Did you use AI to generate your posts, you slick dog...Haha, but in all reality AI is useful as a complementary piece for day to day activities.