I can treat them as a customer, not a client, and therefore no fiduciary duty arises.

By forming a separate LLC to own and hold each legally titled separate property or business entity, theoretically only the assets owned by a specific LLC would be subject to claims or lawsuits arising against that LLC.

It's interesting that the DOJ says they want to protect the consumer, but the action they are taking will lead to mandatory buyer agency agreements and will likely lead to a rise in cost to the consumer.

This negative cashflow, which I realize is fine for house hacking, could hurt my freedom to move long term as I would be forced to cover the difference from rent collection, however the question arises: Is it worth subsidizing $1400 in mortgage payments so that tenants can pay me $2200 once I move out?

Bringing in a new GC creates a situation of its own.You need to be extremely careful about how you mitigate your exposure to fixing legal contractual obligations to the new contractor to ensure it’s scope of services and remedies should problems arise in completing the job.In closing, I urge you not to feel too bad or blame yourself for the situation.

One other potential concern that could arise in the field, is the basement unit in the case where it happens to not be unit which is "Legally Recognized" by the City.

It is also important to inquire about any potential zoning issues or legal issues that may arise during the renovation of a burned home.

If the opportunity arises later on, treat it like any other tenant situation and conduct proper screening procedures.Best of luck to you!

My broker assured my property manager they will receive the same coverage as before, however internet articles claim  additional insured  "is not covered by the polity for any liabilities arising out of your business.""

Different RE Attorney fee structure and custom-based brokerage would arise.