So ONE idiot rents his house to a 20 YEAR OLD on New Year's Eve and it turns out to be a raging party?!?

how about bringing the additional 1% on if/when there is a lawsuit, you can usually tell when it is coming and even if not add the other person when it happens, as long as it's for a valid business purpose I would think it okay to add after the claim is filed.It's an idea, but I believe the trick would be convincing the court the sale of units on the eve of a lawsuit were truly for "valid business purposes" and not a weakly veiled attempt to complete a fraudulent transfer/conveyance.My philosophy regarding asset protection mimics the layers of an onion.

There are a few trees and shrubs in the beds, but for the most part they're just mulched, but eve with the much there are still quite a bit of weeds. 

2nd If I get a call at 11pm on Christmas Eve that the toilet is overflowing in an upstairs unit I am much more likely to smile on my way to the property if I like the person Im about to help.  3rd good relationships with tenants PAY!  

It will be infinitely harder when you are at their door on Christmas Eve with the Sheriff to kick them out. 

It will be a GRIND when you are changing tenants have to show the place 15 times during the weekdays, Saturday morning showings, wait for an HVAC contractor on Christmas Eve, have to deliver a 5 day notice for non payment of rent, etc.

Originally posted by Eve Elomina:A safety net is nice, but I recommend using Private Money and funding your deals 100%.

Just navigating through this site the past 24 hours has given me butterflies like Christmas Eve.

@Jerry Puckett @Adam Roberts Sorry it took me a bit to reply, I spoke with Eve on the phone but forgot to update the thread.

If you have time and are serious about the deal, make who eve is pitching the deal provide an appraisal. all the info on rents and market will be in there.