A principal is someone who has the capacity, powers and authority to sell or encumber real property.A child can legally own real estate but needs a legal guardian who is empowered to transact until the minor reaches legal age (18).An individual over 18 who is incompetent due to sanity or senior dementia for which a court appointed conservator has been appointed for their estate, and requires that the conservator sign all documents affecting real title title in their fiduciary capacity.

In addition, you can limit your liability exposure as well as take the burden of credit lines off your personal income/assets as well as family's borrowing power since an LLC., C-Corp, LLP are all their own self standing entities.  

I don't think it has been easy for them but it is a credit to their mediating power that the love of the kid comes first.

In his YouTube videos he makes it seem so simple to find a house with equity then quickly flip it to purchase another house. Has anyone ever actually tired using his system or signed up for his mentoring program and u...

There is a provision for an extra power meter to be added.  

No Kris, it is not a bad thing at all.

Then rent the one which generate the highest rental incomeLike I wrote in the heading, this would make a great case study for power of real estate investing.

I tried everything on this garage floor.. first I power washed it.. like 2 times with a steam machine that takes off ice dams..

You certainly don't need his product, but he made powerful arguments about the many problems they had with Arbitrage. 

I'm unlikely to convince my wife to allow me to invest more than $250k -- if I leveraged that assuming 25% down, then I have the potential buying power of $1M.