If your portfolio contains multiple investments, or investments that are time-sensitive or transaction intensive by nature, you will find the IRA LLC or Solo 401k a much better tool for your needs.

Fed him and provided him a home (pet container) on the back porch.

So, each payment contains three parts:1) the interest2) principle that's from the purchase of the property3) principle that's from the gains on the property.If I had to guess, 1) would not be subject to UBIT but 3) would be.

I have 2 duplexes on that street and the other 3 units all contain Section 8 tenants - who all give me little to no trouble.

The only thing an LLC can do is contain the potential damage from a lawsuit to what the LLC owns and thus keeping assets you own outside of the LLC shielded.

Basic one pager, no-frill filings do not contain key asset protection provisions and should never be used by a serious investor.

The MIL apartment, (which again, is totally self contained, even have their own laundry and separate entry) seems like a bonus to me, and judging by the look of it, it seems like I have a good chance of passing inspection with only minor hassle, if any.

Hopefully the foreclosure file contains the actual loan number which will help in identifying the specific loan.

@CHRIS MITCHELL Craigslist is not out of the question either, especially if you are using older hardwood flooring or need ceramic tile.  

Hey BP, does anyone uses anything else other than a lock box for the key containment.