In my experience, the cost of legal defense for a baseless lawsuit is a far more onerous problem than a judgment if you are operating in a reasonable and fair manner and follow housing laws.

They are the bible of operating the business and essential to properly dealing with tenants.

Thanks for sharing.No worries.You can absolutely operate like that, as long as they are coming in at the contract price or above when you enter and exit.

As far as i have researched i should be able to form a LLC as a pssive investor and do all the operations under that roof.

3.First one couldn't be bothered as it wasnt a beach rental.Second one stuck anyone with a pulse in, never got money, and we got continual demands for cleaners and repairs.Third stole $4k.

They are usually also found in a GC’s crews and operating as individuals for hire.

In the mean time we're looking into something called delayed financing so we can continue our rehabs on the other 2 homes.

Hey Patrick,I have a unit with a coin operated washer currently but I own the unit.  

I am very interested in utilizing the BRRRR strategy to acquire multi-family properties while continuing to flip properties in order to grow my capital.  

I understand that he is bringing some capital to to game but he is not handling any of the other duties or day to day operations.