How often is an individual successfully sued for an amount that exceeds their insurance coverage?

You will have two separate K-1s as you are each individual owners.  

Overland Park, KS vs Kansas City, MO) Very landlord friendly, worst case eviction is usually 8 weeks + $500 + lost rent (cannot comment on individual cases and this is not legal advice) Large diverse metro area - variety of jobs, companies, people can have a career in KC.

go to all the networking events you can. get around like minded individuals. read read read. always take in good information. then take action. best lessons are from action.

Never to the lender or individual.

That's also not a deterrent to REI...and it never was, and never will be.The real key comes down to analyzing markets, and not just individual properties. 

It recently dawned on me the idea of a non military affiliated individual assuming a VA loan, would this individual be able to then also gain the benefit of using an IRRRL since they have now acquired a VA loan through assumption?

It's quite arduous attempting to sue an individual when you can't locate them and serve them.So if they have a good paying job, you can garnish wages or in the case of assets, you can put a lien on them and you'll get your money when they sell.

By leveraging this cultural connection, we aim to create a vehicle that not only provides housing but also builds community and fosters growth.Here’s how we approach it:Acquiring Labor: The primary role of our units isn’t just to house individuals but to enable them to acquire stable labor opportunities.

There's a lot of people right now that don't qualify as you have pointed out so we will cut deals for longer lease terms for those individuals that do qualify.