Don’t skip safety stuff either—make sure you’ve got working smoke detectors, fire extinguishers, and a first aid kit.

I would also caution if you are intending on a vacation rental be very cautious of the individual town restrictions.

The purpose of “asset protection” trusts is to place assets beyond the reach of creditors who have claims against the individual who has “settled” that trust.  

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

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

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.

Never to the lender or individual.

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.

It targets individuals who understand the risks and rewards of income-based investments, rather than traditional property ownership.4.

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.