It has 3 layers.

This adds another layer of protection for your properties, without the hassle of separate LLCs.

Wiring has to be fished through walls, that are often lath and plaster, possibly covered with a layer of sheetrock (or not).

Originally posted by Account Closed:when u put your property into an llc, you have an added layer of protection should someone decide to sue you. if you do not take any profits from entity(llc) the person suing cannot collect. and if they do try, they have to pay taxes on property till they collect. most lawyers will not file against an llc as there is no money to be made. if they can prove you negligent as manager claim can only be made on propertys in that specific llc. 

The bulk of the parking was on the neighboring property, so it became vital that it remain a Taco Bell.

@Jason V.The estoppel establishes that the old lease is in effect, states who is currently on the lease, what the apartment is currently renting for, along with other vital details.

I intend to invest in small multi-family properties (2-4 units), but will add a layer of "regulatory armor" around any local investments based on what applies now and what the tea leaves tell me will apply in the future.  

That has a few vital ingredients: knowledge, someone you REALLY trust and the loan documents. 

.' :) Without further ado, here are the numbers (I'm sure I'm missing something vital and will update as needed):- Westside Jax (32244), Wal-Mart supercenter 2.5mi, 60k zip population, MSA 1.3 million population- Unemployment 6%, Median home price $85-110k (border of two areas), median income $55k- Rent for 2BR $970/mo, vacancy rate 10%- $315k contract price, $65k seller carry @ 3.5% interest-only, 5yr balloon.- 21 units, 1 unit $200 lot rent.

For tile flooring you need 3/4 inch plywood, then a layer of cement board.