I am an electrician and one of my customers just mentioned the family wants to sell the old family house which is held in the family trust.  

Hi BP,I'm looking ahead at options for mortgage #5 and I was curious for the 6 months piti that you need on hand if that has to be cash or could it be held in a retirement account like a roth IRA or TSP.

The property is held by our LLC so I do not believe we can qualify for Fannie or Freddie backed loans.

That said, you can still find some sweet deals in Miami by patiently identifying off-market properties that have been held with the same rents for years. 

Actually I just held a big real estate event a couple weeks ago. 

Liability risk management for me involves an "onion layered" approach.Layer 1: Know the law, follow the law.Layer 2: Respond promptly and professionally to legitimate repair requests.Layer 3: Properties held in Limited Liability CompanyLayer 4: Carry adequate liability insurance. 

Security deposits are to be held in TRUST encourage the PM company to do a reconciliation to trace the funds. 

The revenues made sense, plus I was able to get a small amount of seller held financing.

I have only held SFR’s and am looking at jumping in big with this.

All of my properties held in my name or in my business name pass through my LLP and the depreciation is captured in that entity.