However, when an LLC owns the property, it will not be in your personal name, which can result in higher interest rates on financing.This is just food for thought to give you a full 360-degree perspective on the topic.

But think of it this way, if that person were to do the exact opposite of their promises/their word/or opposite of what's spelled out in your contract, what safety measures do you have to reclaim your hard-earned/hard-saved cash? 

The exception to that would be health/safety items required to rent/occupy is such as GFCI outlets in appropriate locations. 2.

Safety and quality of life can/will be influenced by your tenant.

@John Kubilis main reason you want a legal bedroom is fire safety.

That's a long ways out but it's food for thought. 

Great post Golan,I have always been of the belief that appreciation is more speculative and unpredictable.Nobody has a crystal ball to predict the future.Cashflow is more "certain" and based of the numbers as they are today rather than forecasting what might happen in the future.You take the income vs the expenses, plus including a margin of safety for misc expenses and then you look at the bottom line.If the numbers make sense, the deal is worth pursuing further."

Not sure if it is a scam or if it would pose potential safety/privacy issue.

Food for thought. 

The price includes:- 3 nights at the Moon Palace resort - access to 3 conference keynotes, breakouts (60+ speakers), 3 big events for everyone, the exhibit hall, podcast host meet and greets, author signings, networking breakfast and lunches, and more- AND the all-inclusive amenities, meaning all your food and drinks at the resort- There are also extra services on-site, like a golf course, spa, childcare, and more. - Kids 15 and under are free to attend!