This is important because you need protection against tenants that do not pay rent.

What are the best practices and methods to protect yourself as a landlord?

Trusts and LLCs owning property must be protected for other risks beyond the usual property and liability risks associated with home ownership.

Many OOS investing require a boots-on-the-ground team in order to keep their projects protected both fiscally and physically.

Hers is to protect herself.

The property is owned by a LLC but I want to confirm that I am protected.

There is a time to be firm, and a time to protect your assETS.

With this strategy, you are getting some degree of cash flow day one, which can protect your principal in the event of some downturn in the market.

Non-bank will also charge you around 1.5 - 2% origination fee @ closing but can lend to your LLC (you'd give a personal guarantee), which helps things as it won't be reported on your credit & the LLC provides you with asset protection.

. - set up overdraft protection for your checking account (if you dont have one, get one; local bank would be better than national ones)- consider going to trade school or doing apprenticeship (plumbing, electrical, HVAC). really helpful skills. really