Hi Samir,I have lived in Albuquerque since I was a child in 1979.

Right now, you're basically trying to select a college for your future child before the child is even conceived.

Note: you can Never hire a parent, sibling, child,grand child or yourself to work on the property and none of these people can live in the property.    5.

Child gets sick or parents get sick and you have a large bill?

On a separate note, if my personal home and all my business is in the state of Michigan at this point, would there be any benefit to designing the business as a series outline or simply a parent/child LLC set up where the parent LLC would be created in a more tax advantaged state such as TX, WY, NV etc?

If I have to pay for a child's college tuition bill of $50,000 I can't do that with the equity, I'd have to convert that equity to cash.

The tenant is concerned about their child's health.My property manager suggested allowing the tenant to break the lease without penalty or offering whatever they request at this moment to avoid potential litigation.

It's like telling your child "you can become anything you want president, astronaut,.."

Conquering Chaos in Your Field Service Business: How AutoOps Can Be Your HeroImagine this: a disgruntled customer calls you, furious because a noisy technician woke their child during a recent service call.

Fair Housing law requires you accept the child, whether naturally born or adopted.