The owner of the property I purchased is litigious in that they have filed a number of frivolous law suits in reference to the property. 

In 1950 a law was passed that the City of Detroit could not expand its borders like other cities have done. 

Also remember to check your local laws.  

This makes a strong partnership agreement critical to protect your interests.Legal and Tax Implications: Consult with a real estate attorney to formalize your agreement and ensure compliance with local laws.4.

In a community property state like California, if your SMLLC is considered jointly owned due to community property laws, transferring a jointly owned property into it might not trigger the due-on-sale clause.

As mentioned, you probably have to skip condos, and you REALLY want to look up the local laws AND the HOA CC&Rs. 

Hi Ryan, I'm a licensed real estate broker in Illinois and also a property manager, and yes, in the state of Illinois, you need to be a licensed real estate broker (to be compliant) in order to manage property owned by others, because property management is considered a form of a real estate activity under Illinois law. 

If you don't want them in your property, you don't have to renew the lease.Reason for non-renewal: habitual late payments.Don't know Maryland's laws, but make sure you have prior documentation for notices given to them for the late payment.

And some of these left HML in a tight spot borrowers could not access their draw money.. this happened just recently to Fund that Flip.. and their borrowers I know i got a call from one of them that was owed 300k in draws that was not coming.I can understand that rates aren't what they are when you close as when you get quoted, but if you offer a "rate lock" and use that term, you need to stick to it even if you aren't required by law to do so.

Otherwise, you could also provide prevention recommendations somewhere on the lease that includes what you've mentioned above.Assuming you don't have a lawyer to help with your rental agreement you can find some sample clauses on a site such as Law Insider.