I know LLCs can be used to invest in real estate, but I also read that someone created a leasing company to sublet the individuals personal real estate to the tenants with the actual owner having no liability since their leasing company LLC is the one responsible.This had me wondering how best to use an LLC, and I hope to hear from many of you to better understand how the LLC process works in the real estate world.

They have no knowledge of the lending process even when asked the exact question, and I cost me $800.Never ever deal with this company! 

This entire process demands a good deal of time commitment, from staging your home to aligning with potential buyers' schedules. 

Has anyone used a collection agency to get unpaid rent/fines/damages etc without going through an eviction process?  

Hi Jonah - I am working on a new tool aimed at making real estate investment analysis a data-driven process.

When you provide notice, be sure to make it clear they still need to pay the rent and if we have someone that doesn't, we post a pay/quit notice and start the eviction process.

There's a more beneficial way of doing what you're already doing with just a slight tweak in the process.

ROI gives me everything I need and I understand the process.

Watching the process, ESPECIALLY the sanding was not something I felt comfortable with.

Agreed,Should have been removed during rehab process but sometimes it can be missed.Rehabbed hundreds and many times the crews miss stuff so not completely on the seller.I always tell our investors to have common sense when doing a building inspection.Anything that can affect the long term sustainability of the property like foundation, roof, mechanics, HWH, furnace, electrical, plumbing is on us.Any cosmetic stuff that won't really affect rent or cashflow is up to negotiation.If investor is adamant on being fixed, we will fix but at a cost.There is no such thing as perfection on 50-100 year old homes.The demographic in my area also doesn't require perfection.If they do, we don't rent to such folks and advise the suburbs which come at a 3x monthly rent compared to the city.The tree should be removed by the seller and foundation addressed.Doesn't look too major to me anyway.Thanks