A scope is especially important on properties where the sewer line would be particularly expensive to replace (for instance, if the sewer line replacement would require breaking up and re-pouring a driveway, or removing numerous mature trees--these things can cost significantly more money above and beyond the cost of replacing the sewer line). 

This is far from the 1st time I've felt that syndication management has been represented as primary ownership on BP, numerous podcast guests announce they own vast numbers of doors, and then deeper in comes the revelation that it's mostly syndication.

The best asset protection is hiding your assets; second best is hiding your ownership identity behind numerous entities3.

Residential is a world of liability now where "but if, maybe" can become a multi-million dollar bill to a brokerage, after the fact. 

Quote from @Patricia Andriolo-Bull: Quote from @Mary Pastoral: Hi, We had to call VRBO for a bill that they are charging us and this is how I found out that VRBO charges 10% commission for any booking that was made outside their platform.

You turned what couldve been a simple single family LTR into a big management project.Bob doesnt like when Bill opens the windows becasue he wants to use the AC.

If you close towards the end of the year you will have to pony up more taxes because most jurisdictions have the tax bills due at the end of the year.

I am a real estate agent who toured numerous homes on driftwood.

Quote from @Bill B.: I think you’r paying the price for shady wholesalers. 

@Zach RumfieldI agree with @Bill B. and @Bruce Woodruff that, financially, this is probably a no brainer and that you should run the numbers to see how it pencils out because, even though your dad already owns the property, there are likely still some upfront costs to consider.1.