There are some historic districts that limit number of unrelated persons residing on the premises, if that is what you mean.Eviction is easy and fast, with service via posting lawsuit papers on the door, only 7 days to answer otherwise default judgment.

This means that you will probably need to pay registration and filing fees in at least 2 states if you don’t buy CA property as a CA resident.Any lawsuits should be limited to the assets of the LLC and not your personal assets (assuming you run the LLC appropriately and the corporate veil is not pierced, some debate as to SMLLC).

I’m talking things like lawsuits for nonpayment of: rent/eviction, taxes, credit cards, loans.

There’s got to be a lot of admin, paperwork, financial reporting, legal fees, customer service/sales/ account management/ explaining, software, client portal management/IT, new lead generation/marketing and other overhead involved in this business, and there’s real risk of potential lawsuits, audits, criminal charges etc.

Maybe a lawsuit in a BK court could cost $20,000 in litigation costs, but not the filing of any release that I've ever heard of in 25 years.

ensure you have enough pitch too, last thing you want is to fix the pipe and water just sits there not draining/flowing out (thats a lawsuit waiting to happen)Once its connected just recamera it for piece of mind.

If they've failed to do this properly the owner of the property can file a lawsuit and put a wrench in your plans while your money sits with the trustee company as the suit travels through the court system. 

Most likely the state where the property is located is where lawsuits would be brought if they are something for personal injury like a trip and fall or something of that nature because the “cause of action” arose in that state.

Do I open myself up to any lawsuit by taking in the additional applicant?

contentID=37&itemID=577In OH, there was this lawsuit: http://www.weltman.com/content/10302003143000.pdfThe threat of legal action should be used to get them to move on the recording of that satisfaction, so long as the borrower can stipulate that they did pay off that loan with the subsequent refi.