Great idea to set up an updated forum for this topic.

We screen first, telling tenants that we don't accept smokers, we want a 670 credit score or more, that we want them to bring verifiable gross monthly income at least 3x the monthly rental to any showing we set up, etc.

She'd have to invest some money to create this set-up. 3) Selling doesn't make a lot of sense, because in this market, she'd end up paying the same for a small place, condo, with less flexibility. 

HUD is now pushing this along with the requirement that you cannot refuse to accept section 8 vouchers IF you are set up with them.

I contacted an attorney's office in Wyoming to set up the LLC and they told me:"A Wyoming LLC will not provide a GA piece of investment property with any asset protection.

As for selling with 10% down at 8% interest, you now have two title transfers that violate the due on sale clause and add complications to subject to “safeguards” that reduce risk if note is accelerated, if party in possession doesn’t pay taxes or insurance, and of triggering whatever system the lender has set up to notify them when a deed transfer takes place. 

If so, set up a free call with me via my website (nathanschiess.com).

I have few properties in CA and I would like to set up a structure which provides me anonymity and reduced liability.I have set up a WY LLC and various real estate land trust where each trust will hold title to the individual real esate and the LLC will be beneficiary for all these trusts.

Try to find your people in different places and set up a screening system that weeds out the weak players and crybabies.

We are excited to try out property management for the first time on this home, but not sure if we should set up a business first.