I don't believe the majority of folks form LLC's with the intention of defrauding anyone.Your statement about LLC members & managers being sued is slightly misleading. 

It wasn't my  initial intention to advertise that I'm a lawyer, but my mentors kept encouraging me to do so.

Failure to pay any installment of rent, or additional fee when due is a default under this Lease.If not paid within five (5) days after written notice by Landlord of non-payment and of intention to terminate this Lease, the Landlord may terminate this Lease, and unpaid rent for the entire remaining Lease Term shall become immediately due and payable.

Chapter 5 of the IRS code states -"Interest received on a loan is business income if you are in the business of lending money" However I never created my LLC with the intent to start a money lending business.

Just like all people in REI courses only a slim few make it out and do what their intentions were.

It is the guys who pay $10 down and have no intention of buying if the deal falls through that will eventually get burned.I will have no problem with having a license, when I live in the state I am investing in (Florida).

Problem is, you don't know what you don't know, and having the best intentions doesn't always take of unforeseen effects on others from the actions taken in this business.

More likely, it was just a BK filing for the sole intent of delaying the auction sale, won't be followed through with, and same result...bank reschedules sale date.

Bill Gulley - although the intent of USDA loans is to serve rural areas, they are available in some areas near me that aren't so rural.

Do you have a signed document stating the tenant's intent to vacate?