@Derek LesterFollowing the fine example of @Joel Florek, let me just say that different things work for different types of investors and in addition every area is different.

Hello BiggerPockets community,I'm a new to real estate and was hoping to get some advice on AirBNBing in Asheville NC.The reason for my inquiry is because I'm hoping to buy a house and use AirBNB to househack it.If any additional info is needed please let me know.Any advice would be greatly appreciated.Thank You,Evan Morales

@Lino B. that is an additional indictment of your managerial skills.Serve them with a notice to cease and quit.

So should each additional LLC have it's own Name?

That would be a very appropriate 1031 exchange scenario.If you go the 1031 route you will pay no tax and that tax will go forward as additional purchasing power for you. 

The difference in costs was close to an additional 600 per unit. 

However, if the $31k lien makes the house “under water” he could claim the inability to bring additional cash to close, going back to the “ability to deliver clear title” clause.I’m just going off Our standard realtor contracts.

Yes, the 20% the buyers put down would be applied to the purchase when they exercise their option.

in addition to the paid national searches most of us do.

My goal is to build up enough cash flow with adding additional rentals(15-20 rentals paid off) to one day being able to afford a vacation rental and renting that out until I’m at retirement age.