This project is a revitalization of an old community center that has been out of service for many years.

This encourages them to pay the last month of rent and leave house clean so that they get their large deposit back.If they get behind or break the lease, this extra helps offset what they owe plus any damage or cleaning you have to take care of.It is a small percentage of the time that someone turns in a 30 day notice and leaves the place clean and undamaged to get their deposit back.

I'd get actual numbers where possible like on taxes, insurance, utilities, yard & snow removal, etc then add 18% if hiring a PM to 'take care of everything.'

Anyone who purchased in that neighborhood OVER PAID and didn't care. 

The logistics of using a land trust to secure financing, while enjoying the protection of an LLC, are laid out in this article: https://www.biggerpockets.com/renewsblog/llc-lendi...Ultimately the goal should be to keep as many financing options available while ensuring your asset protection is solid.

They take care of cleaning, marketing, reservations, etc. 

Ive also chosen at times not to purchase it, but Im also in a financial position to be able to take care of the costs involved with fixing a title problem.

If they are in search of an ROI, you could draft a not showing their interest in the property should you fail follow the terms of the note.

Tenants don't know/don't care how much we're paying in property taxes but they expect high end apartments for a lot less than it costs to maintain them.

I mean I don't really care I am just funding the deals.. but in some markets and that's usually were there is a lot of older homes and or rougher areas wholeslaers are the ones putting deals together whether its legal or not.