And your natural defense of "I intended to assign the contract from the beginning" will backfire as it will then be used as evidence against you that you are brokering real estate without a license.

While an LLC can lend money to its members, such action must be approved as set forth in the operating agreement and should be documented by a written note that pays adequate interest and is subject to commercially reasonable terms.These steps will also provide a better defense against other creditors attempting to pierce the LLC veil.Good Luck 

Write a small bullet list of what you need to discuss and the questions you need to be answered and let the conversation flow naturally from topic to topic.Don't forget that a not so small part of real estate is being a professional therapist.

@Jordan Moorhead Austin is booming , I remember back in the day flood and natural disaster would scare Investors and homeowners away.

If SIP has taught us anything, it is that, it is human nature to want to collaborate and socially interact with others.

Take those things and create habits around them so they become second nature if they aren't already.I can't speak to the outcome of any of the aforementioned programs.

Background check was not good and I was over-seas.The follow-on Property Manager was not adequate at handling follow-on tenants... 6 months the house sat vacant...

A war in China, a natural disaster, a crazy tweet from the White House could easily trigger a recession and make your knowledge irrelevant.

Anyways in 5 months we wiped out many years of profits thanks to rent control, lawyers and human nature.

It is important to obtain insurance that will adequately safeguard your property and renters in addition to fulfilling the criteria of your lender.