Here are a few below:Generally, buying through your personal name can reduce the interest rate - commercial rates on LLC mortgages are usually higher but you can research thisMost LLCs on incorporation don’t have any credit so it may be difficult to find. a lenderIf you own the property in your personal name you are exposing yourself to more risk and will want to transfer the property into LLC as soon as you canIf you own property in your personal name and transfer to LLC the lender may not allow or can call the entire loanLLC or personal ownership you need insurance.If you search the forums for this topic using the magnifying glass feature in top right corner of your screen on BiggerPockets you will find a lot of discussion on "Quit Claim" "Buying through LLC", "LLC or not" etc....

After that incident I am now incorporating inspections into all of my deals.

I understand where you are coming from, but I don't agree that the current rental calculator incorporates all of the functionality that you need to run an in-depth short term rental analysis.

Sucks but was going to send it in.Then, they also want a business license ($30) -- but to get a business license you need another form...the only of which appears to make sense is to incorporate a company that will have the license.Am I reading this right?

@Barry Ruby I think Flips will be the hardest to incorporate with everything else.

@Travis RogersMy personal rule is that the holding entity (i.e. the LLC that actually owns the real estate) should be incorporated in the state where the property is.

Many here had done deals for years without much concern, after I spoke with them several stopped doing deals, they were totally unaware of many of the issues.Many fed me deals, we would collaborate in various ways as well, in my last 15 years or so I don't think I paid for legal work, except in estate matters.RE and finance are not taught in law school, certainly comes in corporate law areas but not a specialty taught to my knowledge, just what I've been told as I didn't go to law school.

@Brady D'Hont  I see many investors focus singularly on payment agreements, but the payment terms should be incorporated into a broader agreement that covers insurance, independent contractor status, scope of work, indemnification, parties to the agreement and notice procedures to name a few.

The one wrinkle with the current fact pattern is the fact each of the two townhomes will have a ground level space that is wholly incorporated into the townhome that has the option of being used as an office/commercial space.

I'm Gary, and I have over 25 years of experience in corporate graphics and presentations.