Also, @Joshua Stanton, how do you protect yourself/assets if you can not deed the property into an LLC? 

Depending on what type of relationship you have with your lender you can have them disapprove the loan to protect your EMD. 3.

Instead of increasing rent, I would look at having the security deposit increased to protect against wear and tear.

To protect yourselves, ask the sellers for written documentation confirming that the tenant is back-paying.

I'm not certainly no expert on asset protection but I'm unsure of the downside of having them in an LLC.Regarding lawsuits, I will tell you that insurance/LLCs are probably both great for protection but are secondary to doing a good job with property management.

A builder’s risk policy is also worth exploring, as it can protect the property, materials, and equipment during your restoration work. 

Is it advisable to do that for protection and tax deductions?

Best to weigh the complexity of their portfolio and legal protections.

On this Veterans Day, we pause to remember and honor those who have selflessly served to protect our freedoms.

Hi,If I buy a apartment doing a seller carry back, how do I explain to the seller how they are protected if they carry a 2nd position note subordinate to the bank?