The balancing act is to not have so much that you look attractive to a lawyer while still covering actual/potential liability.  

@Cole Fisher - Your FHA loan has a due on sale clause, so as long as you have a loan, moving the property to a LLC is considered a sale and your balance of your loan can be made due in 30 days. 

The Section 8 program pays the voucher portion of the applicant's rent promptly on the first of the month while the tenant pays the balance of the rent from their own income. 

I think I'm going to invest on the second one since I already have an unsecured loan on another flipping company just to balance it out.

Thank you for the validation, I knew it was too good to be true, I guess I will need to dig up some legitimate business expenses like some improvements etc to get the old Tax man off my balance sheet.

If you don't want to use an attorney, file a small claims amount for the balance.

This means the hosing market is out of balance in those cities.  

The other is the improved desirability to be in the area with the opening of bars, restaurants and the spring market could balance out.

It took me only a few hours to do our married 1040 for 2017 with W-2, investments, business, deductions, etc.My spreadsheet also has worksheets for managing by balance sheet and income statement as well as inventory, business mileage, products, etc.

In addition, these tenants will be sent to a collection agency if they do not pay the balance due which includes the past due and remaining rent due on their lease.