There are a number of legitimate ways of disqualifying tenants insufficent income, evictions, drug history, insufficent work history, insufficent rental history, ect.There are tenants that know the Landlord-Tenant laws better than some landlords.

I've never dealt with Chris myself personally but i do have a investor/friend of mines who has dealth with his brother Kent and has said that they are legit,im not a big time earner or anythign but i take what this guy told me to be true as he has always been,this guy is also wholesaling deals there as well adn from a few well known people all say that the Clothiers are honest buisness...just my 2 cents..

@Alexandra BeardIf you run your business legitimately the Chances of an audit are most likely very low.Whether you need a LLC you should review with your attorney as it will also depend on how you are wholesaling and what processes you are using.

A tax court judge ruled in favor of the stripper, stating that the implants were a stage prop, and thus a legitimate work expense that can be deducted."

The rest was misleading and / or false information that was intended to cast a disparaging light on legitimate short sale investing and to market your business.

If you're trying to set up entities and structure your entities and assets to give you asset protection, tax minimization or both, you are absolutely right that it will take a significant amount of work by your attorney or CPA or both.If you're trying to develop an operating agreement between two friendly partners, it will take a bunch of conversations to get that hashed out.If you're creating a private placement it will take weeks of work and tens of thousands of dollars.If you're trying to create an LLC to use to make offers for wholesaling, it will take you all of 5-10 minutes on the secretary of state's web site (at least here in CO) and on the IRA web site to have a legitimate LLC with a valid EIN.

There's only one place the city has legitimate money, and that's in its law abiding working class.

I vote for a podcast on this as well, after the basics are mastered this is the crucial step/process to growth and expansion.It also seems to be the most neglected one in all venues that deliver real estate education.I have attended many real estate conferences, but management systems and processes for growth and expansion are rarely touched upon.

I am thinking I'll need to find a new location as that was my office conference room and I am thinking we'll need to move to an outside venue to be sure everyone feels comfortable. 

My belief is that anyone analyzing their market needs to look slightly to the future, or at least stay solidly in the legitimate present to take advantage of opportunities.