The distinction between the two may impact your title insurance, etc.

It had sec 8 tenants that I didn't find out about until after escrow and was a total mess with bad(some dangerous) tenants and 10+ years of deferred maintenance when i picked it up in february.

@Bob HinesYour post introduces some very distinct perspective to this discussion, especially with the clarity on the histroy of STL......The 2 STLs (City and county), do they have identical/similar markets?

@Rick Edgeworth  are you talking about lending terms as in APR.. or are you talking about % of equity.contruction loans are the most complicated and dangerous that a private investor can do. and its a reason that the majority of HML simply do not do them. the question is other than building a house do you bring in any equity or are you looking for the investor to put up 100% of the money to buy the dirt and build the house.  

., a multi-member LLC which chose to be taxed as a partnership).So I'm not seeing any cost savings for an LLP vs. an LLC at either the Department of State or Division of Taxation.For both an LLC taxed as a partnership, and an LLP, I believe profits or losses would flow through to the partners' individual returns.The main distinction that I see is that with the LLP you must distinguish between general partner(s) and limited partner(s).

Quite awkward if you just evicted the tenant and it can even be dangerous as tenants will know much more about you that you would have liked them to know.It is very important to treat landlording as a business even if you have 1 or 2 properties.

We view SEO as 3 distinct and critical parts (each with its deeper nuance)1.

WARNING: putting something like this into your lease agreement is walking a dangerous line.

And depending on how you structure it, you will be on the hook for some potentially very dangerous equipment.I believe there is still good money to be earned in the renewable business.

And a "Wholesale transaction" isn't this super dangerous activity like some would make it seem on this site.