No matter how great the property manager is, if there is only one, a car accident, health problems, family emergencies, etc., doesn't just hurt them, but all their clients as well.

Not much, but thanks to the posts here, I stopped making projections and started figuring out what actually needed to be done to be legal when asking other people for their money.

Obviously, I'm not a lawyer and am not giving any legal advice.

I’m still getting up to speed with real estate taxonomy, so I will need some time to digest the info, but it sounds like the easiest (at least from a legal and tax standpoint) is to start the LLC first, then get the loan.

I am not an attorney; but, as a licensee in the State of Arizona, I can draft legal documents relating to leases, purchase contracts, binding letters of intent, etc.

I am very adimant with the bank and tell them to talk to their legal department before they try to lower my contracted 6% commission.

I believe it as it's so easy, fast.It's legal in all 50 states too.

In my area the "red tags" and habitability notices are there for legal reasons.

As per fair housing act I am not supposed to ask someone's immigration status but if I allow her in and if she happen to be not legal immigrant, would I get into trouble?

The para legal inadvertently did have my usual admin fee recorded on one & we had to retract it.