I think it's a shame that fear of litigation often prevents consumers from sharing information with each other.

We just had a giant lawsuit that showed how difficult it was to negotiate the fees, and the steps realtors took to prevent buyers from easily doing so.

Best way to prevent: select better tenants...yes that is not always the case but it helps.$2.5K additional lost rent due to 4 month instead of 2 month property turnLoss rent on Small Multi-Family properties minimal unless you had to evict.  

Please note: some mortgages may have language that prevents this or requires additional hoops to jump through, I would suggest you contact your lender and understand each of the mortgages you have as to where they stand on ownership transfer. 

Unfortunately, some Board members are creating friction and preventing the process from starting. 

I have yet to have a BP poster explain to me why a Wyoming LLC as opposed to an LLC in the state where the property is located will prevent a plaintiffs attorney from filing a claim against the whomever is listed on title when a premises liability issue arises amongst other common real estate investor/landlord claims. 

One year also helps you maintain a schedule for inspections, rent increases, preventative maintenance, etc.If your lease doesn't have an early termination penalty, then the only thing you can do is start marketing and find a replacement tenant.

Early in my investing career, I made the mistake of investing through one of these people and I came to realize they have no real role in the operating GP and are a just useless layer preventing the LPs from getting answers from the GP when a deal is underperforming or losing money. 

If you want to get around this simply require ALL credit reports be given to you for the purpose of supervision of your agent to prevent discrimination against protected classes under the Fair Housing Act.I would not pay any lawyer a dime if they could not prove this appropriate business purpose.Does the person that wrote the following sentence practice out of form book?"

For example in my area there are specific municipalities that have passed ordinances that prevent you from denying an applicant because they have a housing voucher (section 8).