The response is almost always the same; the regulatory body points out that our industry's loss ratios are just not large enough or substantial enough to warrant any kind of regulation (read the cost/benefit analysis just does not warrant the cost of regulation of our industry). 

Do not put the first warm body.

That's a lot of bodies.

Owen, although I agree for the most part of your analogy, I disagree with the notion that cash flow is somewhat immune trends and fluctuation.

I do not believe that some silly piece of paper is some how going to immunize me from carelessness.

How about offering able bodied welfare recipients jobs working on these programs IN EXCHANGE FOR THEIR CURRENT WELFARE PAYMENTS?

Daily alerts come in an email with the subject line "Daily Update - Your new keyword alerts on BiggerPockets"In the body of the email, each actual alert is formatted differently from what it used to be, starting March 15. 

My background included Construction 20 plus years ago, Military service in Naval Aviation, Truck Body Industry Management, and my current source of income managing a Mobility company that converts vehicles with physical challenges to drive with safety and comfort.

First, LLCs don't give you complete immunity from liability.

All that said, if any of you are looking for an ambitious, charismatic, energetic and able-bodied individual to help with *almost* anything in the real-estate world, please DM me.