You might still make some money...or you might loose just a little while you learn....but I think chances are unless you totally mess things up or every part of the deal goes wrong, you end up with most of your money back....AND you learn and develop some relationships.

Andrew,Always looking for ways to take advantage of the travel industry.

And as you say, the battery issues is one of the big ones.

What I do for my units with shared meters is I charge 50% flat to each tenant which prevents waste I get no issues with any waste due to this but the ones that share electric bills do get many complaints due to the size of the bill.

Would you be able to rent for cheaper if you didn't have the property?

Because you state your goal is to prevent liability I don’t think the LLC will do you any good.

You'll use that money as a downpayment on an investment and borrow more money from the bank to cover the rest of the purchase price.

Purchase price: $595,000 Cash invested: $125,000 Purchased with the intent to lease to the tenant.

They could make more money by optimizing their operation and stopping the bleeding.

Quote from @Alvin Sylvain: I don't know of any special protection afforded you by placing the property in an LLC.