The upside is, even with a personal guarantee, the mortgage will not show on your personal credit report.Lastly, in both, while LLCs do offer a level of protection, which is certainly valuable, they also require more work.  

The home was a split level with a walkout lower level so it was perfect.

You also have states like Indiana, Ohio, Florida, Nevada, all depending on your comfort level in distance or rental type.

There are many issues like this, where trust, credibility and fairness come into play.Our company management contract has a list of what rental income will be applied to and in what priority.

You set your screening standards at a level where they will most likely not qualify, as a example setting a high credit score requirement will eliminate many on disability.You keep taking applications until you find the highest qualified applicant.

Renters:A-Class: Ideally 90% or more homeowners.B-Class: 50% homeowners and 50% renters.C-Class: Predominantly renters.Land Value:In A-Class areas, land should be worth rebuilding and upgrading.In B-Class areas, rebuild as-is if the property were destroyed.In C-Class areas, it might be better to sell the land if it’s not cost-effective to rebuild.Crime Rates:Use resources like Trulia.com to gauge crime levels.

Wanted to know if anyone would be willing to recommend RE attorney in South Florida from West Palm Beach to Fort Lauderdale who has experience and would be able to assist with:- review and advise on current leases in place- company formations being that also licensed sales associate- review and advise on trusts- advice a preparation of private money lending docs- property management formation best practicesAs always, thanks much in advance to everyone for any light you can shed!

It's like using a persons weight to compare fitness level.

Find a home that enables you to convert an existing space into an ADU, near a level 1 trauma hospital and rent that out to traveling nurses/residents.

@Jesse GaynorI would trust a 4% appreciation rate in real estate over a 10% average return on an ETF.