Sometimes 1 GFCI outlet is wired to protect a couple downstream outlets.

Mistakes happen, more eyes on the books hopefully will catch those mistakes, and bookkeeping and tax mistakes cost money.  

Yeah I’m local so I recently laid eyes on the house right before whoever burned it down. 

You get the probate protection, privacy, control, plus the tax benefits of step up I mention above. 

However, I am strongly considering the type of thermostat that has password protected set points (ex. prohibits the user from going lower than 70 degrees).

The plain reality is they are doing their job and like it or not, they are tasked with bringing the house into code for the protection of their resident or future resident.

My thought is to Open the LLC in a different state with lower costs and fewer regulations and relying on the insurance for protection (for any case, even if eventually ill decide to bring tenants into the property).I’d love to hear your thoughts on this.Thanks!

Even though WE are NOT originating a loan here; it would be the EX-Husband who would be "originating" the Loan (by taking back the Deed of Trust and Note) in order to SELL his 50% interest in the house, the TIE IN is with our BUYING or INVESTING in the purchase of the DOT and Note to generate CASH to him, and CASH OUT to Her is wherethis becomes a "Gray Area" of whether it violates any of the CFPB Consumer Financial Protection Bureaus requirements and could be re-characterized as a high cost LOAN IN DISGUISE ALTERNATIVE THINKING We are thinking a better way to go here IF the EX-Wife agrees; it to SELL the house NOW, pay off the EX- Husband and enter into a 3 year LEASEBACK with the buyer of the home. 

Multifamily valuations have stabilized, and investor interest is picking up, particularly in resilient regions like the Midwest.Economic Outlook: The U.S. economy is expected to avoid a severe recession, allowing the Fed to ease monetary policy later this year, which should further bolster the multifamily sector.Investors should keep an eye on these trends as the market continues to recover.

There s no longer any Federal protection for "tenants in foreclosure", it expired......state regs rule.