Furthermore, there was a greater emphasis on preventing the claim or incident from occurring in the first place. 

This would prevent newbies from being misled believing made up data that they found on BP.   

Dont know your total situation , this idea may suck big time , BUT , if this prevents a major hit on your credit or a bankrupcy , you still have a roof over your head and it gives you time to regroup . 

If documented and performed they will prevent or mitigate your exposure.

Setting strict lease terms can also prevent issues.

. ($85k) The ONLY thing preventing the loans from being accepted is the square footage of the house. (500 sf) Everything else about the house passes with flying colors!

I posted in the wrong forum by accident 

As long your debt to income ratio isn't preventing you from borrowing more money, buy a rental and use the extra money you earn from that to pay down the highest rate mortgage first. 

Bouncing payments or only being an illness or accident away from notbeing able to pay the rent, are issues considered by our underwriting.Letter Of ExplanationAny time there are credit issues or we discover an inconsistency, we require a written letter ofexplanation (LOX).

I've yet to have anyone on BP articulate to me how an LLC in one of these states perceived to have greater privacy protections will prevent a plaintiffs attorney from suing the deed holder in the event  someone is injured on your property amongst the various other common claims a property owner is subject to.