Both attorneys gave me lease templates; one said that since they'll be the ones defending the lease in court when (not if) there's an eviction, they know exactly what's in it.

Also Wholesaling doesn't mean the end buyer is going to get a quitclaim deed title full of liens  and other issues, Attorneys can proceed normally and defend you if something pops as an issue in title or lien search.

You can only answer the same post so many times before the debates get old and you realize that people are defending their biases or ego more than trying to offer helpful information.  

Insurance pays to defend you if you are sued and pays out if you are found liable.

You should look at zillow because the people selling their home will, and you need to be able to defend your opinion from that if zillow is not accurate.Also, I think NY has that as public data that you can view online.The best thing to do is call up some appraisers in the area and offer to take them out to lunch or dinner and ask them how they find the deals (or find an investor friend and on one of their appraisals, the appraiser probably put his source for his comps) and hopefully they are not just using the MLS.Also, it is always worth it to put a property under contract as long as you are clear with the seller what you are doing.

I have only had to go to court 4 times (they usually move out before) and the defendants have only appeared at 2 of those.

That means they represent and defend you to the best of their ability, even at the expense of other parties.

And these returns do NOT add back commissions - they are net of commissions, carry, etc..We expect this new one to be even better.It has hair - defendant represented by a chop shop law firm, so they will extort us - but we planned for it.

If the process has no meaning and not consequence based on different inputs then there’s no point, the whole exercise becomes a “Yes, Prime Minister” episode.If you had an atm card and the pin input was irrelevant to withdrawing cash from your account, how useful would you judge it?

This should addrss any asset protection issue, if one or both are properly maintained, best defense is insurance.To know if you need an LLC, consult your attorney and accountant, it will provide benefits for expenses instead of showing your personal computer isn't used exclusively for business, unless you have a real business, better to defend deductions IMO.