I have spoken to a few companies recently and been put off by some who have been set up in the past 5 years, only made a few exits and yet currently have in excess of 30 syndications and looking to add more with business model that has aggressive underwriting .

Paid off investment in 12 years with excess cash flow from these and other real estate investments.

Inventory will come from foreclosures, excess housing as a result of Greatest Generation changes in living arrangements.Rent? 

Can I charge them for excess wear and tear even if the carpet is this old? 

A house will be too far gone if it is in excess of the budget constraints or the skill level of the executor.   

You can then begin to dump all excess equity into the HELOC to pay down its balance and repeat the acquisition.

Their billing rates could easily run in excess of $1,000 per hour for just basic staff engagement time and unless you're a premier client with a well established relationship you may not get the attention you think you deserve for paying the rates you may be paying.I would say you probably do need a significant expectations adjustment.

from you guys.I did my research (crazy long research) but sometimes just a dry info won't do the trick so I need a human outlook.These are the cities that are in the finals:Houston, TXIndianapolis, INCincinnati, OHJacksonville, FLAtlanta, GAAny advice will be greatly appreciated.

And to top it off, the HAP contract actually states “The owner must immediately return any excess rent payment to the tenant” (if you did violate the HAP contract and collect anything above the stated rent).Hardly seems worth the risk, in my humble opinion. 

Currently we are leaning towards a simple set up with a single LLC and add an excess liability or umbrella insurance.