If not, don’t even think of this.No matter what, consult a qualified lending attorney to understand your legal options and ensure you have proper loan documents in place to protect your investment.

In total, including money lost from rent, legal fees, and repairs, the situation cost almost $30k.

I learned so much along the way, including navigating the legal process needed to remove previous owners (squatters) who did not want to leave.

Looking for some guidance here.

I believe we are making the right choice by doing legal/fully permitted ADU's.

The real prohibitive costs come from the legal, compliance, and reporting requirements of registering a security.

.💬 Ask in the right forum – If you’re looking for financial advice, head over to the Finance, Tax, and Legal forum.

Legal Entity Considerations: Should I hold my rental properties in an LLC or trust for liability and tax benefits, or does it not make a difference for me?

Thank you in advance for your thoughts and guidance!

After a grace period of 1.5 days give another notice and mention legal action or law enforcement5.