I know some might disagree.The challenge is if someone applies and meets all your criteria and you reject them, I would hate for you to end up in some legal hot water.

The last two hours were with the legal team at MR and they confirmed there can be no other up front charges beyond the one month’s rent cap.

Well anyone can write anything into a contract, but whether it is legal and enforceable is for the courts to decide...It is State law here that a contractor must call 811 or they are liable for the costs.

I’m looking to access some of the equity in the home to buy out my ex-partner, and my goal is to either convert the house into a multifamily property or add a dwelling unit (ADU).I’d love to hear any advice from the community on the best way to approach this, particularly in terms of financing options, legal considerations, or any similar projects you've completed.

I know it’s no longer legal to do wholesaling in SC but let’s say you have the money to buy the property and you can turn it around.

Most are fine with that, but a few will have problems with it and claim there are legal issues, etc..

Consider balancing liability protection with administrative costs, and consult with a CPA to align your structure with your financial and legal goals.This post does not create a CPA-Client relationship.

Not sure if that is still legal or even translates in today's world of everything online but seemed like a good screening tool to me at the time. 

As for the legalities of setting up an LLC to protect you and your partners, I would consult with an attorney for best judgement. 

Just be sure to be prepared to get legal advice if you run into grey areas that you are not well versed in to avoid legal implications.