Spend some time learning about how to set up an LLC and maintain it.

In return, you’re (hopefully) paying yourself the rent of your unit, keeping it maintained and building cash reserves to do it all over again.

I know part of maintaining a corporate veil (LLC is my case) is to make sure you don't use business funds for personal use, but is it ok the other way around?

It’s not really great if you love being right next to nature Or or hiking areas, the beach so you’re in the middle of the island everything is going to take a half hour drive or even longer, if they’re OK with walking in man-made parks and going to the gym then yeah this is a great place very quiet very well-maintained very safe .They would beCompeting with Military renters who get pretty large rental subsidy’s.

The big benefit with this policy is the money will always continue to grow as long as you maintain the policy.

My recommendation would be to apply the "2% rule" - the cost of setting up and maintaining your asset protection should be less than 2% of equity you are trying to protect.

This bundle has been well maintained by a real estate professional so they are a quality tenant as well.

I`ve seen "aged" LLCs for sale that are several years old - does anything need to be done to "maintain" them while they sit?

Tenant also responsible to maintain snow, ice, and debris for personal parking area in rear of premise.

However, Scott Trench clearly outlines in his book that the first two parts of his teaching involve building a solid financial runway PRIOR to building your assets.If you maintain your existing debt load and then take on more debt and have anything go sideways, you will be required to go further into debt to handle those issues thereby incurring additional debt payments which ultimately is taking you in the opposite direction of your goals.Best of luck!