COREE is a great group of investors in Columbus.

So, by the time we get to the rental income the core basses of our analysis, it’s from a very conservative approach.

I really debated about putting this out here but I have got so much from reading these forums and listening to the podcasts, I felt compelled to share.

Not bad, just not compelling.

Check out COREE.

But you can't find a better cautionary tale in the world of business about understanding trends in your market and adapting to compete.DISH (and the other satellite media providers) may be in the same boat soon with their core businesses.

I would highly recommend checking out COREE, the central Ohio REIA group, if you haven't already.

One thing that can help you determine what you're getting into is having a core sample taken of the property. it will tell you soil type, groundwater and rock depth. if some rocks are big enough you might need controlled blasting. if your basement is below the stream bed grade wise, you would likely have to be pumping water 24/7 during the construction part. im not sure how well a poured concrete wall with the waterproofing on the outside will stand up to the water, but of course it would be better than a block basement. builders would reccomend under drains to drain the water. the best way to do this is mechanically, without a pump or you could still wind up pumping water 24/7 after construction is complete.

At this point, you can begin to justify not providing a personal guarantee.Other circumstances may exist where a lender is compelled to accept an obligation that is not personally guaranteed.Partnership arrangements where capital is provided and the degree of risk is assumed by partners in order to profit.

Commingling funds and record keeping are the two biggest issue that can pierce the corporate veil, so if you are going to go to the trouble of setting up and LLC, then make sure to properly maintain that arms length relationship.BTW, I also recognize that you could be personally sued in my example, but a correctly structured entity exists solely for that reason and the hope is that you would easily win such a suit.I now feel compelled to say that I'm not a lawyer and this post does not constitute legal advice....