I'd love to be a substitute show host!

An added bonus is the asset liability protection, but I realize a good insurance policy is an adequate substitute for that too. 

No substitute for action. 

I never looked at the file.I just got an assignment of the note and had it recorded.. then foreclosed.. although most of the paper I bought was 2 to 4 weeks from going to auction.. so we just did a substitution of trustee and the assignment.

More, if I can substitute my cash with investors.

If you have questions about a substitute contact your insurance company.  

There's no substitute for that knowledge, or like you suggested, having someone you trust that knows the area. 

I personally think owning properties in an LLC is important enough to make the added costs worthwhile, for me anyway, and insurance is never a substitute, but again, if you don't have a ton in the way of assets yet, you may have different priorities.

Nothing substitutes for ACTUAL pen to paper (or fingers to keyboard) hard number calculations.2) If you have to worry about securing appliances beyond a locked door and curtains, consider another neighborhood. 3) When the numbers don't work... see 1 above.Good Luck!

Nothing substitutes for ACTUAL pen to paper (or fingers to keyboard) hard number calculations.2) If you have to worry about securing appliances beyond a locked door and curtains, consider another neighborhood. 3) When the numbers don't work... see 1 above.Good Luck!