There is no moisture now in the basement I just don't nail trough the floor concrete.  

What happened to Detroit has nothing to do with lack of illegal immigrants, and everything to do with automation, and excessive union demands.

You also need safeguards in the Operating agreement, power of sale of assets, so the property can be sold, him paid off, proceeds going to you of any excess and the termination of the LLC.

Likewise, if all of the “excess” deals were sold to others through the SDIRA (wholesaled, etc.), this may appear to the IRS as an “active” investment.  

Although I've never tried them, mainly because of the 3-year waiting period (excessively long IMO) that is currently on the books, I have looked into how the tax sales work in our state.The general gist is the tax sales are once a year. 

Excess passive income rules comes into play when you have been a C-corp before and have accumulated c-corp earnings & profits.

Referral or Birddog fees in excess of $50.00 are illegal however, at least in Texas... how do you get around this?

Excessive damage done by tenants become a statistical certainty.

I figured the moisture was a good part of the reason for the roaches.

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