I guess they are more iron clad and involved with legalities. 

Talk to the bank now and get it ironed out beforehand.

Ironically I have visited web sites where licensed CPA's explicitly contradict each other over such a basic question as to weather you can use passive loss carry overs to reduce ordinary income.

@Llewelyn A.Both responses that I’ve received are a bit ironic; especially this one, because I thought I was going to receive a completely different response than my initial ideas.

to add, we do the same thing as @Michael Baum does. and ironically, not too far from him (shelton, wa) :)the thing works really well and we are able to easily add/remove codes as desired.

Old houses have cast iron pipers that will disintegrate (because of age and/or foundation shift).

4) Iron clad, simple lease. 

Ironic her bill amount is basically the rent she owes you for September.

ironically this guy, Ralpheal gave my name to someone about a loan in Atlanta.

I hear you should put your properties under an LLC to protect yourself, your savings & your home from anything that may arise from a lawsuit associated with one of your properties, but I wonder if that is just som...