The exact nature of the ownership interest would have to be clarified.“...prosecutors said Warren previously signed his name as president of West Star Holdings, which was listed as owner of the Rome Drive house for which he stood trial...”If they are going after him based on his "having some ownership interest" in the rentals, they should be able to get some very concrete details regarding who the benefit of the LLC passes through to and who owns what in the LLC based onn the articles filed with the state.

I LOVE hearing the thoughts, stories, and trials of others and I have truly learned a lot because of it.Sorry for getting a little long winded there but I wish you all the best in the RE world!

., the court found that in determining unconscionability, the trial judge may consider: 1) the amount of the proposed rent increase; 2) the landlord’s expenses and profitability; 3) how the existing and proposed rent compare to rents charged at similar rental properties in the geographic area; 4) the relative bargaining position of the parties; and 5) based on the judge’s general knowledge, whether the rent increase would shock the conscience of a reasonable person.In my opinion if you're basing the increase on market conditions and not on trying to take advantage of anyone or increase the rent as a way to eliminate a tenant you'll probably be fine.

I would say that this should be a trial run to see how you feel about management.

If you get a deal, great, if not you get a trial run for your next motivated seller.

Hope to hear back in 1 year about your successes and trials!

Currently we both work for the Massachusetts Trial Court and are not interested in working for 40 plus years to make 80% of our top pay.  

Both sites give you a week free trial use of their sites.

And you get educated by paying for school or by paying with your time and money by trial and error (often, both).  

I think it depends on a few things and it really is trial and error.