According to legal zoom:"For owners of rental or investment real estate, it’s common to form a limited liability company and transfer title to the property from the individual owner to the LLC.Transferring property to an LLC can limit your personal liability if someone is injured on the property and files a lawsuit against the property owner.

That sector is definitely injured.)          

In addition, you could be creating a liability for yourself if they do not- what if someone is injured or there's a car accident due to the snow not being removed- who would be liable for those damages? 

Potential liability could come up in many unexpected ways, such as a trip-and-fall or a contractor injured while on the property.

I don't need to ask, you're not insured and neither are your "helpers" so what happens when someone gets injured, say the mower hits a rock and puts an eye out.Have the owner contract to do stuff, you can pay him, or have two prices, one full of trash the other in marketable condition (marketable for you).I'd say it's a bad idea, a good thought to get cub appeal, but bad idea. :)

A n experienced slinger can kill or injure a target from up to 200 feet, which is too far for Goliath to engage in any kind of combat with his sword.The israeli minister of defense, Moshe Dayan, also wrote an essay on this and he wrote: "David fought Goliath not with the inferior but (on the contrary) with superior weaponry; and his greatness consisted not in his being willing to go into battle against someone far stronger than he was.

Do they meet the three aspects mentioned above, does the NRD carry little risk of paying as agreed, is it over collateralized and is such a financing arrangement usual and customary in similar transactions.Firs of all, individual borrowers die, they can become incapacitated, they can be injured or become ill to the point they can no longer perform.

;) Amit, your insurance should not be set with respect to your net worth, that's irrelevant, unless your net worth exceeds the risks assessed, it needs to be established as to the risks and issues mentioned above.As mentioned an insurance company can pay and walk away, if your loss is greater than that you're dipping into you money.Consider too, death cases are based on the loss of income of the injured party, professionals will have a greater value assessed, which means more insurance coverage would be justified.If your net worth is in 8 figures, you're probably fine, otherwise you may want to review your coverage, liability coverage is cheap. :)

But you never know when it will be a $6000 repair or a $200K burned down house or a $1 million lawsuit cause somebody gets injured.

However, if the contractor is injured and doesn't have workers compensation he can (and will) go after you for his medical costs, pain and suffering etc.