I understand this isn't the place for legal advice I just wanted to here from people who love real estate with all its twist & turns, ups & downs.

First, I do understand the risks of Single family package deals, and will inspect each property and pick the best ones. 

What most people try and do is pay someone who doesn't really understand the business (of the industry in question -- in this case, real estate) and they cobble something together to get the minimum words they think the search engines like while re-packaging existing content. 

I will do my best to summarize this as much as possible in an understandable format. :)BackgroundWe own a unit in a 16 unit cooperative (coop) building in Clearwater, FL.  

Thanks JasonWhat I am understanding is that if the work being done is somehow faulty ( I think of a plumbing fitting attached wrongly causing a future flood) my property insurance subrogation department would come after my company for the $60,000 flood damage claim wanting my LLC to be responsible for the faulty installation that caused the damage.  

I understand that the rental seasons may be longer around Asheville/Brevard, than in Highlands/Cashiers given the more mild climate?  

Use an attorney who actually understands Land Trusts (most do not - they don't teach this in law school).  

I had tried to start out on my own earlier this year, but lost money in a couple of deals due to lack of information and understanding of the market. 

The most important aspect I have come to understand is that you can't do it alone and you can't take a back seat. 

All of my friends do not understand my ambitions and dreams for becoming an investor but Im sure i will meet new people on this forum that will understand my drive.