His model is alive and well and will continue to ruin investors. there is no way it cant even if they rehabbed the homes you simply cannot buy the cheapest ghetto homes and expect solid returns.. and your running a high % chance of losing significant money.. your asset is only worth what they paid for it after its been trashed a few times.. 5 to 15k max just what they paid for it from the local wholesaler community.  

If the tenant causes a flood, I don't care if their personal property gets ruined.

I poked my finger through the drywall and water shot out about four feet and got her wet.All of her possessions were ruined and she had no insurance.

The last thing you want to do is ruin a relationship that is important to you over business.

By this calculation alone, I would love to see wife and parents reply of the financials.It is often said that good family relationships are often ruined through business dealings so without being emotional, try using this simple math approach and then put the ball in their court to explain how it makes financial sense.

Everyone is quick to point to the "litigious nature" of society today and how its ruining America, but when a simple issue like this arises the first suggestion is "get a lawyer!!"

And even a single dissenter --- whether on the board or just a neighbor --- can ruin your day and drag the process all the way to the appellate courts. 

The current fence is a metal fence, it actually has been bent a little because of the roots and normal wear and tear (they have three big dogs), I suggested cutting off the roots, they said we plan on staying here a while, so it will just ruin our new fence in a few years, I said thats a long few year LOL, But yeah, I wanted to know who's liable, everything I read says whoever's side its on..The other thing is I want to make sure not to damage the tree(not really too worried about this) not trying to have it fall over on our house or theirs 

That will ruin the purpose of the LLC, and if one gets sued, you might personally be liable for any money.

Even if there's a small chance of getting caught, I'm not going to risk 18 months in the clink plus big fines and having my loan called plus ruining my creditworthiness just for a lower rate personally, but I'm not a gambling man."