Most people hold rentals in an LLC, but it depends on your specific circumstances, and objectives.Also, join your local Real Estate Investors Association.

The operations and management partner will actually be on title and assume any risks associated with the property.

So it has to be more than a coincidence that all the winning Bidder Numbers were sequential, and they all happen to bid 6%, and they all happen to have six bids each.The reason I think bidder 11411 is associated with the sequential bidder numbers is that 11411 also bid at the 6% level with 6 bids.There is nothing illegal going on.

I have never priced or replaced anything associated with that metal though.The glass seams high for single pane, if it is insulated then they have to come out and take measurements and send off for fabrication.

They have no HOA or community association.

I called the owner and he wanted 155.000€ (no way), I made a quick math in my head and offered him 47.000€ and he accepted (I thought we was going to insult me or something).According to my numbers, the ROI is 10% putting 47.000€ down (no loans, Warren Buffet style).

I'll die before they do anything respectable again. 2. they'll get sold off to some new place where that owner and head coach makes a championship legacy out of them...

Thanks everyone.Carole yes there is limits.The problem is catching all the people there at once for a violation.If the code enforcement walks in and doesn't actually see all the people then there is nothing they can do.Had this happen in another county where there were a bunch of people occupying a house next to my property.The inspector only worked 9 to 5 Monday through Friday.Many of the people worked and were gone when the inspector could come by.Thus they could never do anything about the situation.This is why I think as a deterrent if we charged 50 bucks a head there would be no benefit for them bringing in all these people because the landlord would get the money.

I just wasn't sure if I was thinking of all of the risks associated with it.

There home prices are heading up, and lots of new development is going on.