The LLC might give you some asset protection (or not, since the property and loan is in your names), but it has zero impact on the tax and business arrangement.

Sounds like a local bank that BPers speak of.Hey Shanequa, fortunately I have some family members willing to lend me their cash that they are receiving zero interest on.

I don't think its a good idea to start investing far away because you're stuck paying someone $100 for a two minute, zero real cost repair.

In many places the parcel number (with all of the required digits, including zeroes) is all you need to find it online.

Your easiest route is probably to get high limit dwelling fire policy with an umbrella.

Where you become ironclad is in the operating agreement and insurance policies.

Kevin makes a great point and it is my policy as well, if you screw me or cheat me (or in the case of my owne wholoesale deals, back out after committing, you never do business with me again.Not focusing on problems is not to be confused with OPP (other people's probelms).

If they continue to pay late, I enforce the late fees and pay or quit policies.

Browns zero, O.J. touch down.

I believe the average dog bit claim is about $29K.Seriously, I would REQUIRE the tenant to have renters insurance with you named on the policy.