Who collects the rent?

In Texas I then send them to collections.

Hi Gordon, I am interested in whether you were able to find the correct entity structure for this partnership/operator from a cost/risk/return optimization perspective.

The first question would be if there is value to be added (as it seems like your property is already updated and you've given good amenities) - are there comparables that are collecting higher rent and if so what are they doing differently?

I’m curious if anybody here would suggest letting him send this to collections and fighting it or if it’s just a waste of time.

The PM rents the property for $1,200 a month which is $2,400 more per year than you currently collect.

The deal was done.Banks and checks didn’t exist for them and so every month I would personally go to the property and collect the rent in cash.

We found a tenant, signed a lease and collected the security deposit with a July 15 move in date. 

The idea is to simply not own anything in your name, but control everything, and making it very difficult to collect a judgment.

I'm worried that if I ever need to involve law or courts for anything like eviction or collections, if/how that would work.