Most do not follow it which is you can have someone assist in capital raise but it cannot be their only function - it must be less than 50%.

Quote from @Zachary Deal: One thing to keep in mind if you are doing this is that you are likely to create "functional obsolescence" which could mean you are not able to get a new loan against your property and it can be difficult to resell as well. 

LLCs and trusts have totally different functions when it comes to asset protection.  

@Celine Li I am curious if, before posting this, you clicked on the search function in top right, and tried looking up this subject/ answer/ question???? 

Another issue I see with older homes is the layout and functionality is tough to manipulate even during a full gut.

The initial action is more like a lis pendens in function I think.

For instance, I'd buy any functional house for the price of infinity, if I could only pay $100/mo for perpetuity. 

Im at base pay since I Just started, top pay at this job is at 5 years and we make 100k base pay, there are guys easily clearing 160k due to OT and other extra money functions. we also have a lot of opportunity to move up in position, Supervisors clear 230k like nothing so right now I'm not making much but long term this is one of the best city jobs to work.

I am currently holding the bag with about 10k in repair work to get the line functional, but greatly fear the day the water district needs me to remove my sewer line.What would you do from here?

For the most Service has been responsive, they're adding more functionality, though wish I could track maintenance/repair requests and service fees for rent, but the cash management is what's keeping me here for now.