I have consulted with a few attorneys over the past couple years regarding this and have determined that for my own personal situation, umbrella insurance provides sufficient risk mitigation for my situation at this time.

Always consult with your attorney before you rely on the above information.

Consult a CPA to align the choice with your retirement goals.This post does not create a CPA-Client relationship.

Myself being a GC, developer and construction consultant as my main business... the question of GC licensing has never been a factor in lending or in selling for me. 

@Paul BogardTo rent out multiple bedrooms in Philadelphia, understand zoning regulations, consult a knowledgeable real estate agent, hire a property manager, and consider multi-unit properties, student housing, and co-living spaces.

Always consult with your attorney before you rely on the above information.

When selling for sale by owner (FSBO), ensure all legal documentation is in order and consider consulting with a real estate professional or attorney to handle the lease transfer and legal aspects effectively.

Consult a tax professional or real estate attorney to discuss the best approach, including keeping homestead property in your name, forming an LLC, and reviewing insurance policies for liability protection.Good luck!

Then finding an end buyer and filling out a Purchase Agreement and the Assignment Contract.Well, I consulted an attorney and he says this is NOT how it is done. :-/  :-/  He says even if you are planning to assign, that the wholesaler needs to have: 1.

Take PayPal, for example: if the company decides for some reason that your account has been misused, it has the power to freeze all of the assets held in the account, without consulting you.