You definitely want to play some defense.

Buyer’s agent’s defense: “You are correct that we sent in a cancellation on 12/23/2021.

The property was my primary residence for about 18 months, at which point I was relocated overseas (Dept of Defense) and consequently turned my primary home into an investment property late 2011.

After obtaining my law degree from the University of Missouri, Columbia, I bought a house with my wife and started work in civil defense litigation in downtown St.

In his defense, he did tell me he was physically out of the house about 3 days before everything was actually shut down, but he paid for the whole month so it didn't occur to me that he would have shut all of that off without saying anything to me.

So I highly highly doubt the GC will want to make this a legal battle with you, and you'll have the defense that he didn't complete the project as agreed due to the unpaid subs.Search "New York Lien Waiver" for examples, or call a local title company and they can provide what they use (for free likely). 

The security deposit is your defense insurance in case the tenants leave the property damaged, don't pay rent, break their lease early, or don't move out. 

(bought property at auction)1) place insurance on the property before you do anything, make sure they will cover you for a legal defense should anything arise, i like safeco,foremost, through Farmers Insurance, 2) call the Evictors, they are based in Oakland Ed Nagy- is the attorney and has been doing just evictions for passed 30 years.3) do not attempt to change locks- this was my mistakeIn California, they are very strict about the proper procedure to remove people and property from a residence.

Given the chance of a new financial crisis is getting higher and higher, to me it makes a lot more sense to play defense until the market has calmed down. 

Insurance is a great first line of defense as many have mentioned.In terms of transferring property to an LLC you can look into using a land trust.