However I would suggest that an asset protection, real estate savvy attorney draft your operating agreement as it would be the most important document in case of lawsuit.

I have been meeting more and more local operators here in Chicago who have vertically integrated, but they aren't taking the time to document this path for any other investors.

Contracts, invoices, purchase orders, and other important documents should always have the LLC name on them and should be signed on behalf of the LLC.

Also, can you share the name of the document from the screen shot.

You’ll need to document your intent should you be audited by the irs Good luck.

They paid off all estate taxes and sent documents saying no liens on the property to the attorney.

Also from all the documentation/language that I have read, this applies to rent only....RUBS/Utilities don't apply...what do you think?

I will document/take notes on my session and share with the community.Assumptions:My target demographic: College students/young professionalsSweat Equity: I am willing to work on the weekends and weekday eveningsTime Horizon: 5 - 10 yearsObjective: Financial Freedom at the fastest rate with the most conservative risk level.

I'm using a lease that includes language obtained from the BP lease documents I downloaded a couple years ago. 

All loans secured by real property include a promissory note, and depending on the state either a deed of trust or a mortgage document.