The only downside for me is that they use a credit card which my property management software charges a fee for.

Seems it would only be non-exempt if the member of the LLC was a corporation.AB1482 applies to all rentals except:Homes that are NOT owned by a corporation, real estate investment trust (REIT), or an LLC where one member is a corporation, AND tenants have received notice that the unit is exempt from AB 1482 in the form required by the bill.Thank you for the help 😀

I'm not sure yet if he was on that lease or not.Definitely some red flags here for me.

I'll just stick with what I know and that is cash offers or loans as these are clearer to understand for me.

I ended up spending $500/month on a personal assistant that takes care of all this kind of stuff for me and both my sanity and my tenants have been much happier for it. 

Bottom line, no matter what you do, I would never keep someone without some form of a deposit and some form of a written lease. 

If the buyer has proof of completing multiple projects and their real estate agent has a documented business history they are probably not wasting their time playing a game about a POF as failing to perform is just a waste of everyone's time (may have legal fees incurred as well).If it's an unknown newly formed LLC, an offer with minimal cash to escrow, with a shady attorney and realtor, I'd then be taking a hard look at proof of funds.

Yes, there is an argument made that they have to disclose anything material, but that is subjective.With that said, a red flag that came up recently for me when investing out of state was when I was in escrow on a property that was purchased just a few months prior.

Then two, it's the versatility of the city to flex different routes for managing the real estate was the better option(for me). 

Reverse trolling- that's a new phrase for me, but I like it.