One point I was making was that it is impossible (or at least I cannot think of a way) to receive consent from visitors on MY property to audio/video record them.  

You should not even receive a letter from the bank.This article can explain the general process of taking a property into your own name and transferring it into the Land Trust before assigning it to the LLC.

I came here because the arts world is full of compromise and sacrifice- body, spirit, finances, time, and most importantly, family.

I'm hoping to receive a bonus for work within the next year and that will pay off whatever bad debt I have remaining.

An investment friend has a great deal but needs gap funding, I guarantee his loan with my collateral, he receives 100% financing, I receive a portion of his profit when he sells.

I already knew I wouldn't receive cashflow because the average rent alone in the area doesn't fully cover the mortgage.

@Martin Neal yeah I thought the taxes where alittle high also but that’s what came from the listing agent from the rent roll , i just guessed with the water cost would be , because it’s a 5 unit with 9 rooms I just assume if it’s 9 people using the water it may be $300 since it not sub meter , I put more details in the description below in other information that I received from my realtor 

Would love to receive any advice on purchasing out of state?

I am almost finished reading, “If You Can’t Cashflow After This...” and in the book he’s speaking of receiving promissory notes to receive monthly payments versus one lump sum payment.

Question: the funds he receives as “points” are they tax deductible to him, or is he taxed as income on that since it’s being received.