I've heard over the years that sole proprietorships don't offer the kind of asset protection that other LLCs and trusts do.

We have a couple of infamous homes nea mine, two separate non-related incidents which made national news.

But then again I'm into NNN deals so those are National tenant brokerages which is a smaller market than MF.

Originally posted by Joel Owens:A cash offer with no strings is YOUR MONEY sitting in a bank account valid within the last 30 days buying as-is with no contingencies.In my world a cash offer is supposed to be money in the bank, but as a seller I might not verify, you know, because I trust that cash mean cash.

I wouldn't trust the seller to pay the contractor with your $50k

Well, they managed to simplify this situation for me; I got this email from her this afternoon:My husband is upset with all your research on our backgroud without the trust.

I think they are national but wouldn't swear to it.Your deductible should be OK as you wouldn't want to put in a claim unless it was a major catastrophe.

Landlord.com.I pay $14.95 for a credit report from Transunion with a score and I also get a national eviction search, which is worth every penny.

Part of our ongoing plan to simplify and improve BiggerPockets includes putting together a top-notch team of moderators to help manage BP Nation . . . the awesome community we've built here.I'm excited to announce the first of our new batch of moderators, Jon Klaus!

If somebody else is going to be doing the asset management and property management, it may be ok to never see the property as long as you trust the operator you're working with.If you are going to invest in it on your own, I think you need to see it!