Often times older properties were built with redwood framing which is naturally pest resistant!  

I also have experience in hands on rehabbing myself, I've personally done electrical, plumbing, framing, sheetrock, paint, fabricating, landscaping, mechanical, carpet, flooring, roofing, demo, etc.

You also need to be aware that custodians are passive in nature and simply process transactions at your direction.

This section remains in full force and effect even after termination of the Agreement by its natural termination or the early termination by either party.Limitation of Liability.

You can also ask about fabric which helps.However, you start having a lot of holes (more than you can do hotfills with) then you'll need to bite the bullet and probably address grading/drainage issues also. 

You also need to be aware that custodians are passive in nature and simply process transactions at your direction.

When this is an issue, I work in tandem with my clients' CPAs.Another way to look at the question of entities is the nature of the risk. 

Once we knew she could work from home indefinitely, I asked, why don’t we rent an Airbnb at a home near a beautiful nature site and work out of there for a week.

(Given the off-market nature, 90% of engagements have an offer at time of meeting.)What I am trying to build into my spreadsheet is the following. 

And you have only cash flow to pay for it, because there will be very little principal pay down, appreciation (forced or natural) or tax benefits.My suggestion is if you buy in this price range, focus on capex and condition, find a property that has recently been improved, so you can cash flow it for a few years and sell it before you have to spend money on it!