However, if it’s not necessary for liability protection, you might avoid the headache altogether and just beef up your umbrella insurance policy.What’s your take on this now?

I’m not sure why traditional agents offer any special litigation protection.2.

The Title company not the seller should be holding the earnest money and in Ohio, one important buyer protection is that the buyer always has the right to select the title company.

@Spencer ManningYour other questions were answered except for last one.S8 vouchers are for a specific number of bedrooms and rent amounts.So, a S8 tenant must find a property with rent that does not exceed their voucher amount.This stops S8 tenants from renting Class A properties and most Class B.Currently, Fair Housing does NOT protect source of income, so unless a state or local government has passed a law stating otherwise, landlords do NOT have to accept S8 vouchers.

We have been doing it based on square feet, but the ADU consumes way less water than what that would actually calculate to (the main house has a backyard, more people, etc).

Quote from @Alvin Sylvain: I don't know of any special protection afforded you by placing the property in an LLC.

The entity you select can impact everything from how you're taxed to how you protect your personal assets.LLCs are often the go-to for real estate investors because of their simplicity and flexibility.

From my understanding they filed for Chapter 11, that would protect them from any creditor action, any foreclosure, etc.

I require tenants to replace consumables like refrigerator filters or HVAC filters.

Quote from @Jaycee Greene: it all depends on the credit scores, but consumer mortgages tend to have lower interest rates than commercial loans.