To give you some background info, I actually helped lead the team that developed Amazon's 2-hour and 2-day shipping systems.

Rent should have raised at year 2 as well, particularly in that type of market, but that ship has sailed.

Otherwise, your ship isn't going to arrive at your intended destination.

Thomas everyone has the right to run their ship they way they want to.

.$57 in parts, 3 days shipping & it was up & running.Happy wife, annoyed appliance sales guy.But these guys are great http://www.repairclinic.comNow front load washers with bearing failures are an expensive fix.

Napoleon Hill tells the story of a commander burning the ships they arrived on so that the men would fight harder than ever with no means of escape.

PS offers years of owner ship (warrantee deed), but no filter on age of the debt (security deed).   

Kind of like the watertight compartments on the Titanic, or another ship (bad example I know)  The person giving you that advice just wants their holdings as compartmentalized as possible and maybe isn't considering the cost of maintaining all the LLCs.

You'd be stuck with a no-notice vacancy and no way to collect on the debt because the tenant would be locked up or shipped back home.

I have indoor pools in my STRs and my insurance company requires me to have guests sing a rental agreement with specific verbage that they provide, Yep, just a Ken said.I have insurance that covers my dock area.