I’m not an attorney and don’t know your full situation and all the facts and circumstances but would recommend you consult with one if you haven’t done so in the past or already.  

I will not, under any circumstances, send a copy of the borrower's financials documents to a seller/agent. 

@Kyle Fitch an important distinction on this is your financing.

I generally don't recommend holding real estate with all cash unless there are extenuating circumstances.

I am ready to be amused...I don't claim to be an expert, but as I understand it:1.Liability Protection: When you lease a property to your own LLC, the LLC becomes a distinct legal entity, which separates your personal assets from business liabilities.

(long response ahead)First off, I just want to say I see you—and you're doing the best you can under some tough circumstances.

My personal goal is to price a little UNDER "market rent" knowing a tenant cannot find a better deal and has no motivation to move unless their life circumstances change. 4.

When he vacated the property and returned to his home state, he left under hostile circumstances and left significant damage at the house.

As always, your tax professional should help you navigate these rules and apply them to your specific circumstances as with all tax law, there are caveats and nuances to everything which need to be examined!

Simply can't.Everyone thinks that a circumstance (like being in foreclosure, tx liens, or .. ahum... distressed property) implies motivation.