It can be awkward and scary but that is not the normal and there are safeguards in place if the sheriff is there.

@Brandon BrewartThe repairs and maintenance number we normally use in our underwriting is $500-$800 per unit per year. $250-$450 per unit per year for contract services and $250-$350 per unit per year for reserves.

From what I have heard, a Series LLC has questionable asset protection vs a normal LLC, but I'm not sure you are understanding  Series LLCs how series LLCs work based on your description of the structure.All of these could be set up to minimize tax in the same way so that priority could be ignored.Do you really need the asset protection?   

Not that it was needed… multiple inspections since show normal settlement and nothing that indicates a sinkhole.I would like to sell the property for fair market value, however I understand that with the “sinkhole” history the house will sell cash only, 15-20% under market value, since owner/occupiers will have challenges getting insurance and financing.Any ideas how to remove this blemish?

Is an agreement like this normal?

Is this normal?

Payments that you make normally fall into one of 3 buckets100% of the payment can be factored in somewhere on the returnPartial payment can be factored somewhere on the return0% of the payment can be factored in somewhere on the returnHouse-hacking also has considerable tax implications in the event that you want to sell this property.You can potentially defer a portion or all of the gain on the investment property with 1031 exclusion.You can potentially exclude a portion or all of the gain on the personal residence with section 121 exclusion

I would say that most beginners would not normally start with building their own investment property, however that doesn't mean it can't be done!

., typically the recommended answer would be to tell them that you can't do that, and they'd need to pay pro-rated rent like normal and that their security deposit will be held until a move-out inspection can be completed.

I think once things get back to normal and people start to come back to SF Bay Area offices, AZ house prices will start to fall and can fall pretty hard.