Here is what I have so far:At any time before, during, after investment:I or any of my team unexpectedly dies, becomes seriously ill, or injuredAn impassable disagreement occurs between any 2 parties of the investment teamA member of the investment team fails(for any reason) to uphold their agreementBefore purchase:Incorrect property valuationInability to secure financing after earnestDuring Financing and purchase:Loan executor fails to follow through with the loan.Loan executor misleads or baits me with incorrect terms and conditionsSeller withdraws contractSeller tries to renegotiate contractSeller withdraws agreement to carry loanTitle issuesDuring rehabilitation:Cost overrun - If the cost to complete a rehab exceeds the estimated cost budgeted.Time overrun - If the allotted time to complete a rehab is exceededUnforseen issues - if issues arise due to unknown/hidden problems, termite damage, mold, etcProblematic Contractors - Contractors that want to increase the bid midway through the job, fail to pay their employees, don’t show up when scheduled, fail to consistently clean, low or no skill, do poor work, fail to carry proper insurance, do not use agreed upon materials and/or finishes, use the “you can’t see it from my house” methodology, dress and/or act not in accordance with accepted job site standards, live or sleep at the job site, steal materials, supplies, and/or tools, attempt to undermine my relationship with my real estate team including agents, investors, other contractors, clients or potential clients, places lien or sues, dies or is seriously injured during project, experiences major life event that prevents or hinders their ability to continue, contractor or their employee dies or is seriously injured on the property, gets OSHA or other governing body violation(s)Code Violations - Red flagged for failing to obtain proper building and/or work permits prior to beginning project, overgrown vegetation, etcProblems Specific to Rental Properties:Tenant does not pay rent or pays lateTenant does not pay utilities/trash serviceTenant causes damage to propertyTenant does not take care of maintenance and/or cleaning of propertyTenant smokes or has pets when these things are not allowedTenant makes unauthorized changes to the property, ie painting walls, removing landscaping.Tenant allows others to move in without adding them to the leaseTenant misused the property, ie drug lab, melting plastic in the oven, spray paint graffiti on shed, parks in unauthorized zones such as the grassSomeone injures themself while on propertyHouse fire, floods, other natural disasterMajor maintenance issues such as roof replacement, appliance malfunction, plumbing leak, etcTenant violates city code, ie noise ordinances, trash and debris in yard, etcUnavoidable costs such as normal wear and tear include failing appliances, scratched/scuffed wood floors, dirty paint, worn carpet, etc.After rehab:Property does not appraise and/or sell/rent for expected ARVInterest rates go higher than expectedProperty tax increaseStricter laws are put in place that prevent finance/refinanceThis is all that I could come up with.

The trust manager does but listens to your instructions.Depending on how the funds are disbursed, you should consider placing as much as you legally can into a self directed ROTH IRA for you and another for your spouse.With a self directed IRA you can loan money to other investors with Equity Trust as a third party administrator and avoid the perils of Tenants and Toilets.

I’m not the biggest fan of Jay Morrison, but he hasn’t hid the fact he used to sell drugs.

Is like on top of learning the essential on how to negotiate, comp accordingly , Manage you crew hire ( if you are going to flip) or if you wholesaling , (finding investor, creating that pipeline) , now you have to add, systems, lead generation, branding , administration  etc etc..By the way we buy ugly houses is a DBA of Homevestors, they have been around for a while. and is one of the few companies that offer that model.. 

Purchase price: $182,000 Cash invested: $320,000 Triplex Rehab: All three units were completely disgusting after decades of drug-using tenants.

So, to use the LLC correctly adds some to a good deal of extra costs and administrative headache. 

I think with the current administration, that's certainly within the realm of possibility.

I don't have reason to suspect anything until I pull credit and the "AKA" names and past addresses make no sense ("Julio" having an AKA of "Jessica," he told me he's always lived in CA but the credit report has a bunch of Alabama addresses on it and only 1 CA address, etc), and I don't know for sure until this form comes back from the Social Security Administration - https://www.ssa.gov/forms/ssa-89.pdf / https://www.ssa.gov/forms/ssa-89-sp.pdf

Making the S-Corp election brings with it the requirement for additional administrative costs such as running payroll for yourself.

If he was not responsible or doing construction administration then this is a scope gap, so I would first confirm scope before sending threatening lettersI would find another architect or MEP engineer to resubmit the revision.