As previously mentioned leverage adds risk but if you use it properly it also allows you to grow your cash flow which can increase your margin of safety. 

Thanks.My layman understanding (ie I'm not a lawyer and you should consult with one for any legal decision) is:If you transfer your property to your LLC, you need to get consideration for it (ie share, beneficial interest, etc...)Then you need to manage your LLC as a business separate from you (no commingling of asset, proper documentation of meeting, proper administrative chores, etc...) as failure to do so will probably pierce its veil of protection.Except for that, unless your transfer is reversed for other consideration (like fraudulent transfer to avoid an existing creditor), your LLC should provide you the inside and outside liability offered by the LLC in your State.

It will not require any additional time on your part after you have done your proper due diligence.

If the drywall is not square, it will cost you later when you install doors, baseboard trim and hang cabinets.

The bank did not pay a broker properly and you get a lien.

When working with lead I used proper equipment, HEPA filters with a properly fitted half-face mask, and used excellent hygiene (washing/showering, not eating, not smoking, careful handling and so on) and still became lead poisoned. 

@Tim Johnson you might also consider 1031 exchange or Monetized installment sale (deferring taxes for 30 years); when it comes to getting leverage on apartment complexes - it’s has a lot to do with personal relationships; you might want to consider to partner up or work with asset managers

They do not have the necessary skill sets to properly screen and must always fall on the side of caution.

We've been pleased with Proper insurance for our STR as it is geared specifically to STR and has commercial liability protection.

Give proper notice that he will need to sign a new M2M lease at $1550 and let him decide.