Roads are maintained by the county.So, I guess my main concern is: Do I just have to pay whatever they say I owe, without any kind of record or documentation provided?

Michael Galloway I guess that's a good way to look at it.

Sorry I missed this one guys... didn't realize there were more posts.Ali: I guess I mean in general, but my first few properties will be strictly rentals.David: Excellent input; "borrow as much as you can for as long as you can".

When taxes are filed the CPA uses schedule E and both sources of income(IT job and rentals) plus my husbands income are used.I guess I'm frustrated because I haven't found a good way to deal with the taxes.

I'd guess $200-500.

Guess who signs it :-)I don't know what kind of business your LLC is so I don't know if you need a license.

This type of action has been around waaaay before the SAFE Act.I'd guess that if an investor got caught in one deal, chances are good he'd lose his note as a slap on the wrist, no doubt, he can't let an illegal contract stand, if he's in a good mood and he's not ticked off, he may consider the equity of the situation.

I guess we as owners have ruined the inspection thing for ourselves, telling managers, No, thanks, all the time, but I would think everyone learns eventually that it's much cheaper in the long run to maintain rather than wait and repair.

I'm guessing the access to MLS and finding another broker to bounce deals off of would be advantageous, but what other benefits are there that I'm not aware of?

Noe I don't recall, seemed like it also said that the security agreement could contain provisions for a deficiency, if so, under those circumstance the lender could seek the deficiency, so read carefully....I'd guess most lenders would go there if it's allowed.