Hi everyone  :-)Can anyone recommend a good property management company in the Cincinatti OH/Covington KY area? 

I recommend that you speak with a real estate accountant to see if you will benefit from a cost segregation first. 

Is there any legal action one can take or is it just a lost cause?

And/or are you willing to take the risk of being sued by the seller for not performing on a legal contract (and losing your earnest money)?

Any recommendation?

We purchased our home in Newark NJ in the fall of 2023. The house has a basement that has been built out to be, what I assume, was an illegal 2nd apt. I've done the research and it meets local code for egress / fire e...

LLC offers better legal protection.3) Setting up in states that allow your identity to be hid is also overblown.

You will want to consult with a lawyer.In regards to your last two questions here's some background on what makes a contract valid and enforceable:Offer: A promise to do or not do something within a certain time period Acceptance: A clear and direct statement that all terms and responsibilities are accepted Consideration: A legal and adequate inducement given in exchange for the promise Capacity: The parties to the contract must have the legal capacity and competency to contract Awareness: A party must be aware of the contract Legality: The contract must be legal in the jurisdiction it will be operating in***Not legal advice*** Steps I would take: -Review contract in detail to understand each counterparties responsibilities (if you are not aware)- Email a copy of the lease to each of the tenants listed on the lease and reiterate lease expectations for termination notice, rent payment etc. - If the lease was signed via Docusign (other esign may have same ability) - you can go to the envelope, go to history and view the IP addresses for each action taken.

We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

Does anyone have a good inspector recommendation in Chicago northwest suburb ?