An LLC is a flow-through entity, so your income there will naturally show up on your personal taxes. 

There is a natural progression that happens as you go through this industry.

Fear is actually a natural element that helps to keep us from harming ourselves.

Why not charge for utility bills as those could become liens as well in some areas...Sorry to say, there are too many people who are simply preditory in nature and truly believe that getting over on the next guy is good business, that's why, IMO, we got hit with so many regulations, because most people can't control themselves to do the right thing.They have the Geneva Convention to set rules for war too, most investors wouldn't survive if we had no regulations at all, they would be eaten up imo.

There isn't a whole lot that I have found on how PM's and their owners handle natural disasters...For example....

There are times that I don't have anything solid to contribute due to the nature of the topics being posted.

Therefore in most wholesale deals you would not HAVE to disclose anything.BUT the assignment contract would naturally specify the exact amount of your fee.

Are there investors on this forum who understand the illiquid nature of real estate that will lend on buy and hold properties for a stated return?

Just a partial list to consider for this: unpaid Municipal utilities (water, sewer, trash and in Phila natural gas is a municipal utility), unpaid rental licenses, unpaid code violations.Taxes are usually the biggest dollar amount, but one REO I purchased had over $2k in delinquent sewer bills, and the taxes were less than that.

I don't really need basic lessons in screening tenants, just looking for perhaps a perspective I haven't thought of.I have multiple applicants for 2 apartments, 8 applicants altogether, and 5 of them have credit scores 700-749, 1 of them has credit score 750-799.One of the applicants with a credit score of 700-749 was the first applicant.She has excellent job references and qualifies income-wise for the apartment but barely.She will be going from $200/mo with a roommate, to $675 for a small 1BR apt, so it's a big jump.She has no pets and seems very nice, is respectful and quiet.She is a naturalized US citizen.She works two jobs to pay her way and was going to school for accounting.