I have a property.1) lease was originally for a couple (man and woman)2) in May 2020, man took himself out of the lease (because woman was in an abusive relationship so she states and failed a restraining order against the man so man moved out)3) Woman took advantage of eviction moratorium and refused to pay me anything for 10 months onwards4) Woman no longer lives on my property at end of Jan 2021 because I finally managed to evict her end of Jan 20215) Now, I've been communicating with her and trying to get her to complete Covid Rental Assistance programs so I can recover the 10 months back rent without having to go through small claims court6) So far, I've been rejected in two programs (one of the program states that woman didn't provide enough proof / evidence)7) So right now, I'm looking into pursuing woman in small claims court in November8) She argues she has no money or anything and is living in a safe house and to protect her from her abuser, and that she's also homeless9) She states "I have no assets, no savings, and no income.

Let me rephrase my original response: I am a bit player!

In my name I get the better rate but understand LLC protects from law suits if any.Any advise on how to approach this?

The name of my coaching business is The Players' Coach.

Make sure you'll do proper screening for potential tennant even though you're not completely protected from bad tennants.

Also, if the market ever tanks and prices go down, you are still protected as you have 100% equity in your property.

None of these are a protected class.

Hi members after doing refi in a BRRRR can we transfer ownership from self to an llc for asset protection or does that require another refi?

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it.We have a 12 page management contract that we've added our real experiences to over the years, with the intent of protecting both us AND the landlord.

Long answer, they can walk you through anything that could possible come up and they provide more protection with their license than you do as a sole buyer.