On the books you can annotate expenses reimbursed to you and declare such for taxes.

I an not recommending this, nor is it to be considered legal advice.

Then I'd be on the ready for her to loose it and catch it all on video - call cops or county health.Next, I think went letting out rooms there is some sort of addendum that says this is not a lease agreement and does not establish a landlord tenant arrangement, so on and so forth - so that when someone does not live up to say - maintaining a clean living environment - you could just change locks an not allow them further access to your house - naturally you would have to have their stuff packed and outside for them when they return to get it.

Even in a situation where one would break even, the appreciation, tax break, and owning an asset, clarifies owning an not renting.

Original signed documents will pass the sniff test, deposit that cash immediately in the LLC account, the deposit slip can be annotated on the back as to what rents were paid.Being consistent in your record keeping is critical, might be that attorney simply thought the administration would be too much for you and advised you not to accept cash making your life easier, but s/he still needs to explain.Get with your accountant too!  

That before they go any further, they should read that article and all of the annotated laws that say they must accommodate you.The article's conclusion basically says that municipals should be aware that it would be very costly for them to fight a claim of discrimination on group homes.I'm such a law geek. 

It's a with them an not against them type of positioning where it's hard for them to see you as the enemy.

I have participated in webinars, reading real estate books and annotating, articles, and forums, watching youtube, understanding financing and analyzing properties and this has benefited my process greatly.

Jody, I am brand new to investing so I an not certain as to exactly how bad the area is I just know its not good.

For example, if you pay the plumber with a personal check, you need to have the llc transfer/pay money to yourself and annotate it in your records.