“There is concern that in stressful market conditions we could see the failure of [these lenders]…this has become very significant in the mortgage market.”And if rates, drop fast this actually could spell disaster for these mortgage companies.

Even if you did incorporate, this would be spelled out in the operating agreement.

Quote from @Taylor Cameron: Connect with me and request my "Remove Tenant Addendum" and I will share the simple form I use.The key is to use a clear, written agreement spelling out who is leaving, who is staying, who takes responsibility, what happens to the deposit, etc.

HiI am sorry for asking this topic if it has been covered already.I have an asset that is a single family home in an upper scale neighborhood.The current tenants are a family of 4.In my lease agreement I have spelled out that the tenant is responsible for pulling weeds and raking up the leaves. 

We also tell them when they’re going to get their security deposit back and what requirements they have, which are the requirements that are spelled out in the lease, but we highlight the typical problem issues like cleaning, lightbulbs, cutting the lawn, removing all their possessions,… Etc.

Here's the red flags that we had missed when we were still fairly green: 1) Credit card declined so they gave us a different card from their "sister"2) Booked last minute3) Locals4) We had even asked for an ID so they sent a fake passport but the name was spelled slightly offThey had parties at the property and destroyed some things.

Rent paragraph typically spells out the revenue share - that's another blog of its own but generally speaking it is a percentage of the gross collections identified in various equations of percentage of revenue or some percentage over a minimum base amount per machine per day.

I honeslty shouldn't have to spell it out for anyone.

I think I am spelling her name wrong but she has a lot of info on a masterclass she is a member of.Frankly, I spend my time here and learn more than I could otherwise.

So I went through a spell maybe 18 months ago, where several of my top producing 5 star cabins just stop booking, and never could figure out why other than perhaps an algorithm change.