Never heard of any lawsuits.   

A liability Law suit? 

In other words your LLC is a sham and all your personal assets could be exposed in a lawsuit. 

The land trust piece helps prevent lawsuits by legally separating you from the property itself.A few articles with more information can be found here, here, and here.If you have any more questions, let me know!  

Period.If your policy is that you take anyone and everyone as long as they have the money, then your answer is YES.If your policy is to go case by case, then you are opening yourself up to a lawsuit down the road when some protected class decides to sue you because they blame your inconsistancy on a discrimination of their protected class. 

This is protection against a lawsuit for being negligent. 

Get one that protects you from unlawful eviction lawsuits as well.Are you currently in el DF?

Lawsuits are being filed left and right.

If you feel that something was done fraudulently, then you can retain an attorney to draft a demand and potential file a lawsuit that will pay for any of the problems that the inspector and agent failed to disclose (the seller is also liable if they purposely omitted information from their disclosures).Overall, I believe that it would be a huge cost and a lot of time committed to recover anything, but you may be able to find an attorney that will take the case on contingency, but attempting to recover damages from an inspector is going to be an uphill battle.

I advised him other-wise.Here's an article how a 'Barking Dog' can cause one person to loose their Home.http://abc13.com/pets/family-loses-$500000-lawsuit-over-barking-dog/511454/If you don't control your Tenants,....they will control you.