HelloI'm considering a possible JV with two other investors and want to find out what the best practice or option is for protection.

@Michelle ElsaidIs this a national practice?

So, you get a shady tenant who games the system, cheats landlords as a practice, and a company that helps them with the scam.

Title companies are regulated by the NJ Department of Banking and Insurance, and we operate under the same guidelines as any and all settlement agents in the state of NJ.  

Around here most people drive cars that are a bit older and much more practical than something fancy.

I plan to make that a practice of mine.

Plus realtors are highly regulated and all complaints are investigated.

I guess you could get lucky though and invest in an area that really shapes up.I appreciate the practical, situational advice though.

I am a license agent on health and have provided individual and group plans for 20yrs as part of my practice.  

I would need to find out the regulations in regards to how long i would need to live in the home(I'm sure 1yr) and refinancing options on the home because my plan would be to eventually refinance in order to purchase another home.