@Clint Cook There are many property management companies that promise to do various things up front such as conducting regular inspections, screening tenants thoroughly, and monitoring maintenance so you don't over pay for repairs.

The holding company contracts the operating company to conduct property management of its portfolio for a reasonable market fee. 

We conduct such a hardcore background check on all tenants, that just doesn't happen.  

A nonresident alien individual or foreign corporation which during the taxable year derives any income from real property which is located in the United States and, in the case of a nonresident alien individual, held for the production of income, or derives income from any interest in any such property, may elect, pursuant to section 871(d) or 882(d) and this section, to treat all such income as income which is effectively connected for the taxable year with the conduct of a trade or business in the United States by that taxpayer.

You might also demand a hold harmless and indemnification agreement from the LLC and members as to any future liability arising from your being listed as a member over the period they conducted any business without you.

Hello everyone,My name is Rotem , i am form Israel .i am part of a group who buys houses for fix and flip/buy anf hold , we haven't done a deal in Panama city yet , we just enter the market ...We are currently conducting research to find the exact areas to focus on, What is the situation in the market after the storm?

"Tax sales are conducted by the sheriff or a constable of the county where the property is located.

The risks to be incurred by you within and without the activity, the assets you own and how you own them, which state you reside in, which state the activities are conducted, estate planning considerstions, costs of entity establishment and administration.So often there is no quick and ready rule of thumb despite what many novices and folks promoting these entities might indicate.For example, I own numerous SFRs in various states but mostly California.

Additionally, because of the general theme of uncertainty in this area there is no guarantee of consistency among Government auditors, some might challenge your call and others might not.When I look at what is being done in your case, my greatest concern is that while the activity is only part time and you are not actively holding your self out to the public as conducting these activities, the activities are being performed with a certain degree of regularity and frequency that might make it difficult to rebut an auditor's challenge that you are actively conducting a trade or business.

Hi Brian, I'd say give them a call, and while you are speaking with them, find out which type of appraisal they conduct for HELOC's.