About me, I've been married to my high school sweetheart for 12 years, we've got two beautiful children who keep us both entertained as well as EXHAUSTED :)I am an Operations Program Manager in the Defense Industry, I spent 6 years on active duty in the Marines (OIF Vet).

That said, your GL insurance will really be your front line of defense in case someone wants to go after you for something, with the LLC acting as a barrier between your business and personal assets.

If you get an attorney who does not handle a lot of Fair Housing defenses, they will be very cautious and advise you not to do anything until the case is resolved.

In their defense, a tile saw after midnight in a carport in a subdivision on a weeknight, would piss most people off :)I think one of them stole our sprinkler though.

If they did no work and won't refund your $1000, what is their defense? 

In his defense, this is my first analysis, so please let me know if I miss anything.Here's the deal as he wants to do the analysis, any input is appreciated:Listed Price: $360,000Square footage: ~2500Bed/bath per unit: 3/2 for bothCurrent rent: $1375 and $1300Monthly taxes and insurance: $525Estimated monthly mortgage payments on $288,000 30 year loan (80% LTV): $1500Estimated monthly maintenance costs: 5% of gross rents ($134)Capex: 0Vacancy rate: 0%Garbage/heat/lawn care: 0 (not sure if tenants pay these.

With an impending downturn buyers will pay up for A locations as a defensive position.

Same with Dept of Defense at the military bases... ...have many many civilian contractors....all paid on a 1099.  

While I cannot tell you what your “technical” options are, I must say this:Under Article I (One) of the US Constitution (so, a long time ago, when They were still thinking about ensuring justice, tranquility, common defense, etc., They also thought of this concern,) Congress is responsible for establishing laws on the subject of bankruptcies.

If you work with the residents, they are pretty friendly about making changes, but if you scold them, they become defensive.