Due to HIPAA regulations medical records aren't public records, so no one could have been able to vet this tenants addiction.Unfortunately, addicts and deadbeats tend to be pretty good at hiding those things prior to moving in.

When you find a company that seems to be hiding things - RUN!

The trick is learning what is necessary, what offers good value, and then taking reasonable and appropriate action.You have to take steps to prevent, and if you are aware of a problem as the OP, you do NOT want to just hide it.

Unless you're hiding the rental income, it would likely surface during an investigation.

You can get away with things if no one report and you can hide very well.

the humerous thing is there are others in the eduction seminar business that actually file complaints against others in the industry for making these claimsbut then again BP is full of dreamers as well.. at least they don't pay to dream right. they just tag along on the internet and hide behind their computer.. you know the I aint got no money or credit but hey BP teach me how to get rich over night  ... just cracks me up reallyOk Bill I am in Charleston looking at our new builds.. its an exciting city and one heck of a place to do business.. 

It's been my experience in the rare event of an audit overly complex structures get more scrutiny from auditors because they assume your trying to hide something.  

With these stock companies you have to worry about what are they HIDING that you don't know about that will make values plunge.It's a roller coaster ride many who are already wealthy do not want to take.I still think there are properties out there that make sense to buy.

Must needs: good property managers and rehab contractors (but first, just where did that good Lender hide?).  

Lots of hassle for little benefit-the only real benefit is it hides your identity-if that really is a benefit.Generally, an LLC is Not necessary for transactional funding.