You do have a duty as a homeowner to protect from any additional damages.

They want to general contractor to protect their interest.

So the bank won't give a mortgage to an LLC… What now?

Hello,If purchasing in my personal name (since banks don't allow you to get mortgage with LLC) what is the best way to protect my assets and the property while construction is being done?

For example, if the Chinese government stops Chinese citizens from taking their money out of China, it will slow demand for Real Estate in Canada.The only problem with forecasting a bubble bursting is that it could be a month from now, or it could be 15 years from now when home prices are 3 or 4 times higher than what they are now.If you buy for the long term cash flow, you'll be protected if house prices decrease.

Account Closed, I am in sugarland looking to move all my rentals into an LLC and will need to switch insurance from my personal name into my LLC. 

@@Abad MarroquinPre-foreclosures or "before the notice of sale deals" have to have equityI want to three months behind on payments, no moreAfter I pay back payments and fees I want at least 20% equity to take over the payments subject to (subject to existing financing)The ideal "subject to seller" is someone wants to protect their credit ratingThe Piti payments compared to market rent I want cash flow of at least a few hundred dollars a monthSo the deal discussed  I would not even consider

Switch them to month-to-month for some reason?

Although, maybe the suggestions Shannon gave you will work to protect you from having to pay it in the future if it comes out of the woodwork.

One big concern I had was around the lease term automatically switching to month to month after the initial 1 year term.