And if you as the owner either don't keep up the property and that negligence leads to injury I'm not sure that an LLC would shield you.  

Something like that can take a long time to find when you are a novice at finding that stuff like me.I need to get going on this project soon.Actually visiting my son out at USAFA now so I am in your neck of the woods Jon.Thanks againChris

Think of all those low life injury lawyers who say things in their ads like "get the money you deserve" or are entitled to.

That, combined with the fact that the house was already small, made me not want to deal with it.According to the inspector here it can be a pain in the neck and a drawn out process to get an unpermitted room permitted after the fact.

Every single December before the winter rush we have here in New England the hair on the back of my neck stands up worrying about mass vacancy in one of the busiest seasons of year.

Sometimes the disaster would be selling for more than the renovated house because you could see a small sliver of the ocean if you stood on the balcony and craned your neck in the right direction.  

You must also consider the possibility if  you are as a agent doubling as a contractor for a client seller they may not like being in position of being dragged into court over a workers injury.

Always make sure the general contractor has a general liability policy as well so you are not held liable for any injuries or if the property is damaged.2.

Serious injury and death of father in a couple of weeks time, and I am faced with this within 2 hours of being a landlord!

This just happened in my neck of the woods:  http://nhpr.org/post/modnadnock-area-real-estate-a...There are many protected categories per Fair Housing laws and I'd strongly recommend you review not only the national ones, but also the ones specific to your state to ensure you're compliant at all times.