I went so far as to include a marijuana no grow/use clause in the lease agreement for the next tenant.Ultimately, it is up to you to decide if the reward of 1.5 times rent is worth the added risk and liability you could incur.

For liability purposes the llc is more favorable. 

Just alittle info on WC NC mandates all business to buy workmanscomp ins if you work as a sub in Nc you also will need Wc if not then he gets charged with it at audit time and they do audit when your policy is up for renewal . 19 percent is not bad cause if you go threw a temp service he will have to go threw an application process then have to pay 35 to 45 percent and the bank is running all the money threw his company so he will be responsible to pay taxes on all money he can't write offI think it's nice of him to allow you to work on your own property also cause his liability ins is also responsible for the workman ship if you were to make a major mistake which cause a claim he would be charged with it I'm a contractor is Sc are rules aren't that strict I hope this will shed some light on his position

If you are interested in starting your own LLC, a great website to start is https://www.sba.gov/content/limited-liability-comp....  

Go with 6 months for personal expenses, as mentioned by @Dan Fisher- A car is a classic example of a Robert Kiyosaki liability.

Are there any liability issues here if you upload your photos to a web page and name these little toe-rags?

Noise regulations, repair standards, liability if injured while doing repairs, etc all in a legal binding document.

Once you make your first purchase add a $1M liability policy.

You are asking your brother to accept a liability and risk of losing his home to fund a real estate investment by a person whose track record to date includes one spectacular failure and no successes.

Also look into a general liability policy.