Again mixing personal relationship emotions with business relationships.

An LLC is used for business related assets.A house-hack is a partially personal / partially business related assetAn LLC is normally best when personal and business are not 'comingled'best to talk to an attorney to see if you will get the asset protection you are looking for.

Your relationship with a CC means nothing to a bank except credit score-very different businesses. 

@Rome Gal, btw La Costa Resort and Carlsbad Village Inn both sell the same business model as the Hard Rock Hotel in downtown SD.

In my opinion, having an experienced partner or mentor is crucial to helping you navigate the world of subject-to-and-owner financing.

If you can't treat this like a business and get rid of bad renters, then I recommend you hire someone to do it for you. 

Its just a cost of doing business . 

Hey fellow real estate investors,I'm Dennis, and I'm on the lookout for like-minded individuals who are exploring creative strategies here Raleigh NC.One experience that truly shaped my journey was navigating a challenging pre-foreclosure purchase.

Navigating tax responsibilities can be complex, and one common area of confusion is whether private lenders should send Forms 1099-INT to investors and if investors should receive Forms 1098.

They give you discounts on West Elm, Pottery Barn, etc and a membership is free if you have a business.