If title is clean, a suit may not attach after the sale, only under rare circumstances and title insurance would step in for future claims, but you need to see the nature of the suit, it may not even concern that property.When people start getting sued, they have attorney fees, deductibles can kick in, their world can get messed up quickly and I've seen people lose more than a 100K lost, so you need to at least do your due diligence and consider it, but if begins to look like it could be a nightmare for you, walk away.What would be hard to take is being talked out of it or scared off only to find out later the place did sell and there were no issues.

As of yesterday, I have another duplex under contract with tenants in place that should cash flow for around $400 per month in the short term, then $700 in the long term (2 bd, 1 ba; 1 bd, 1 ba, recently renovated clean space).My question, I guess, if one is allowed in introductions, is... am I leveraging too much?

It's easy to read, neat and clean.

Never had a late payment in 5 years and haven't needed to do anything but clean for the next tenant. ~$150K property value.

I bought a duplex, have it rehabed, clean, fresh paint, decent neighborhood, price is right, but no serious prospects.

- or at least semi-skilled) You don't have the skills or the tools to do anything yourself except maybe, maybe a little bit of light demo, light cleaning, light landscaping.

Some tenants could care less about them and leave you in the middle of the night/not pay, etc... at which point you could spend more money to chase them down and get a judgement against them than it would take to clean it out and rerent it.

I've also heard on BP that another reason to paint copper is that the paint must be cleaned off prior to scrapping --- and most thieves aren't going to engage in something as laborious as sanding pipe!

Buyer will pay all costs involved in legitimate change of title"I cleaned up the many spelling errors, but should I be worried here?

What the LLC gurus don't explain is that the LLC is still your asset, your assets can be clean out through the back door as easily as the front, meaning, a management issue goes to management company, it gets nailed and its interest are at risk.