@David Krulac, unless it is truly passive, if it is passive then you do not have to register as a Foreign llc. this is from Pennsylvania Department of State:Registration of Foreign Associations –General Rule and ExclusionsGeneral Rule – A foreign filing association or foreign limited liability partnership may not do business in this Commonwealth until it registerswith the Department of State.Exclusions – Activities of a foreign filing association or foreign limited liability partnership that do not constitute doing business in thisCommonwealth include the following:(1) Maintaining, defending, mediating, arbitrating or settling an action or proceeding.(2) Carrying on any activity concerning its internal affairs, including holding meetings of its interest holders or governors.(3) Maintaining accounts in financial institutions.(4) Maintaining offices or agencies for the transfer, exchange and registration of securities of the association or maintaining trustees ordepositories with respect to the securities.(5) Selling through independent contractors.(6) Soliciting or obtaining orders by any means if the orders require acceptance outside of this Commonwealth before the orders becomecontracts.(7) Creating or acquiring indebtedness, mortgages or security interests in property.(8) Securing or collecting debts or enforcing mortgages or security interests in property securing the debts and holding, protecting ormaintaining property so acquired.(9) Conducting an isolated transaction that is not in the course of similar transactions.(10) Owning, without more, property.(11) Doing business in interstate or foreign commerce.Being an interest holder or governor of a foreign association that does business in this Commonwealth does not by itself constitute doingbusiness in this Commonwealth.In general terms, any conduct more regular, systematic, or extensive than that described above constitutes doing business and requires theforeign association to register to do business.

Of course we can get our own appraisal and go to arbitration if needed.

He reiterated that no fewer than six separate, horrific things would have to happen for your primary residence to be at risk:something has to go horribly wrong with your property/tenantthe person who is “wronged” would have to file a lawsuit against you (this means they would need some money to get the process going as well as some education on how that's actually done)arbitration would have to failit would have to go to courtyou would have to loseyou would have to lose so much that the only way to make up for the difference would be to take equity out of your houseAnd sounds like you're in the position of being able to lean on the equity in your house as opposed to being forced to sell it.Yes, the probability of all these things happening is non-zero, but it's still incredibly small. 

Also, the state of formation is likely where internal disputes would be brought among LLC members, so if you and a partner and/or spouse live in CA, you probably want to arbitrate in CA if the two of you had a disagreement.

Also, the state of formation is likely where internal disputes would be brought among LLC members, so if you and a partner live in CA, you probably want to arbitrate in CA if the two of you had a disagreement.

You better have an agreed upon method for arbitrating potential disagreements and allocating the responsibilities and obligations between you.Write out the list of items and enter into a written legal agreement like you would with any other business partner, because this is still a business agreement, first and foremost.

They state that they're an online platform and does not verify private contracts or arbitrate complaints from third parties.

Also, the state of formation is likely where internal disputes would be brought among LLC members, so if you and a partner and/or spouse live in CA, you probably want to arbitrate in CA if the two of you had a disagreement.

Most real estate contracts have arbitration so buyer probably would not win against anyone, they just get original money back.

check your purchase and sale agreement most have mandatory arbitration clauses in them... but being an attorney state maybe the attornies would prefer the expensive route and keep themselves in business :).if you bought through a RE agency then the realtors will have E and O.. but you need to go through the procedures to figure out who did what.