A huge mall may arise blocking your view or some hospital or school may come up and cause inconvenience.Tip #7: Past billsCheck how much the seller is paying in bills.

As a lender you're putting a lot of trust in a borrower that they won't change their mind and attempt to profit.If someone is found to have done say 20 deals and in the business, there are other risks.So, it's not like regulators will be looking in the bushes, most issues will arise eventually one way or another. :)

If a problem does arise in the future, is it common to have to take the matter to court?

As you read books and progress in your education, certain questions will arise.

And you can deploy HELOC money when the right opportunity arises and not have to pay on the Line until it is put to work.  

So I would say, no, I would insist, that though your buyer may have had issues getting the predicted ARV, it is not because we were wrong per se, but because of one, or some, of the many other issues, totally in your buyers control, not in ours, that arise throughout the life of any project.

You could register the exiting LLC as a foreign entity to do business in the state should this circumstance arise.

There are strict requirements here on withholding security deposit as well, so mandating liability of at least $100,000 (if not more depending on the value of the property) makes it much easier for your own insurance company to subrogate, should the need arise.

This book will show you how to do both.In talking with our investors about the current state of affairs and how they are planning their investment strategy from the short to medium term, we’ve heard responses ranging from hoarding cash out of absolute fear to those who view this as a chance to take advantage of opportunities that arise from the ashes, to just about everywhere in between.

Typically arises when a landlord has a building with a common area that has lighting, such as a foyer or hallway, but the wiring for that lighting is connected to a tenant’s electric panel and meter; it can also be something that consumes even more energy such as a laundry area that is available for all tenants in a building but the wiring goes to a single tenant’s electric panel and meter.That is why when utilities get separated in a building that the owner needs to realize that an extra panel and meter must be installed for the common areas, with billing for that common area meter going to the landlord.Some BP links that discuss this a bit more:https://www.biggerpockets.com/forums/84/topics/75044-installing-common-area-electric-in-a-3-4-unithttps://www.biggerpockets.com/forums/52/topics/107306-triplex-without-seperate-utilitieshttps://www.biggerpockets.com/forums/52/topics/72185-water-sewer-bill---what-to-do-with-it?