Net lease properties are easy to manage and require little or no time to maintain.

But, to take my tax money to maintain a park that I never use is ludicrous.

I think you want to maintain any balances under 30% of your available credit and never more than 50%.I want to buy a home one day is my intention.It's possible to buy a house without using your credit or going to a bank.

Over the long term, at only 3% inflation your rents will, increase if the properties are maintained and in demand, more so if you do a better job.

Might be a little low on that number though.The agreement that we have written up so far is that I can keep maintaining the house, renting it out until a day that either of us want to sell it.

Looks like if Danny applied himself full time at this and could maintain as good of a deal as this one he has here on average he would be right at J Scott's level, based on your numbers.

In this case, you would still collect rent from the other tenant and would maintain responsibility for managing the other unit)

For the former, of course start with a strong insurance firewall, then you have to judge how many LLCs you need based on equity exposure that can be borne, as well as the incremental costs of maintaining the LLCs.You are trying in this case to protect the rentals from your mother's personal liability, more so than the other way around, since her net worth is more so in the rentals (at least I think, based on what you said).

Treat your tenant with respect and maintain your property.

I am not sure, if I need the expense of creating/maintaining another new LLC "B".For e.g.