Does anyone have experience doing this, and know how to go about it?

From experience, finding a knowledgeable accountant is key for handling taxes effectively, especially when splitting expenses, claiming deductions, and managing depreciation.

- Controlling costs for payroll processing, unemployment charges, workman's comp and liability insurance- Coordinating ServiceTech & tenant schedules for appointments--- There are several industry vendors that focus on just this!

Sorry it wasn’t a good experience for most. 

I believe the standard vehicle liability is $300,000 while the average settlement is less than $60,000.

If anyone has the names of such non-profits and/or anyone with experience doing this as a landlord, I would like to speak with you.Michael King

If so, how was the experience ? 

Also, if a few hundred dollars in draw fees will make your deal go sideways, it may not be the best deal for you, especially as you are just getting started.I'm happy to share my experience as an investor and a mortgage broker.

I have heard that it's a good idea to form an LLC as an added layer of liability protection.

Your primary insurance policy with $300,000 in liability coverage should be sufficient in 99.999% of all lawsuits.5.