One of the advantages of using private money loans is that they can be structured more favorably than an HML or bank loan. 

They are firmly convinced that the only way to claim real estate expenses is to have an LLC and that it somehow magically lets them pay a lower rate than an individual. 

Doing a little of everything everyday was exhausting!

When to file the affidavit is obviously a proof issue, and a claim in an affidavit stating a date in the past is less persuasive than an actual filing.

reading this is exhausting

Once you get exhausted of it all, how will you get rid of her?

C corps can weather the storm of a legal defense better than an LLC because they are accrual basis taxpayers. 

As Sean mentions the competition these days at court house steps is intense and if a property goes 3P that means it had some equity and there would be multiple investors tracking it ( of course there is always the home owner buying it back and will pay more than an investor or someone who actually wants to move in and will pay right up to fair market value for it)..

Five days later he told me that he could smell Co2 (although its odorless) in the house, and that the dryer exhaust was improperly installed (it wasn't).  

However, it's oftentimes better to buy a superior deal 100% in cash than an inferior deal with a mortgage.