The three main factors they provide for advising entire life are: 1) entire life insurance lasts the period of your entire life so you do not need to worry about renewal or possible health recessions that could increase your life insurance coverage rates on term renewal; 2) entire life insurance can be used as a retirement financial investment; 3) if you need to choose you wish to have life insurance for your surviving household, entire life insurance coverage will provide that additional web of security.These factors miss some very crucial realities about entire life insurance coverage vs. term life insurance coverage debate.

Board members change, owners change, and the economy changes - all of which can change the owner occupant percentage, the HOA's financial health, etc. 

I didn’t think I needed to be unfairly rewarded. but the difference and the reason your argument isn’t a fair analogy is that none of those things directly affected my health, safety, or quality of life. yes I do believe everyone is entitled to a safe home that doesn’t eat up half of their income.

In either case, since the husband and wife are joint owners of the LLC, tax information related to the LLC can be discussed with either spouse.Where spouses are the only owners of an unincorporated business entity and hold their interests as community property under state law, they may choose between partnership or DE status. 

Unless your LLC is making a healthly profit somehow and would have a decent credit history, I don't believe this works very well. 

Make sure you get tenant estoppels signed by each tenant acknowledging they have no security deposit held by the seller, and verifying their lease and payment terms, and current status (up to date, delinquent, etc), and make sure the seller transfers prorated rent and security deposits (if any are discovered) to you at closing (BY THE WAY, YOUR REAL ESTATE AGENT SHOULD BE ON TOP OF ALL OF THESE THINGS). 

I'm still getting calls on them even though their statuses show as under contract on the MLS. 

My status: I already have a primary residence in VA, I have about $60K in cash and an 800+ credit score.

Lessons learned are very lengthy, but here's the short list: Always check flood zones, work with a contractor that is used to working with the city and pulling permits, work with a contractor that is used to working with residential properties versus commercial, schedule regular meetings with your contractor to check on status and hold accountable, be sure to consider permitting time when calculating holding costs, and lastly, be sure to have reserves in case of natural disasters (i.e COVID)

Lessons learned are very lengthy, but here's the short list: Always check flood zones, work with a contractor that is used to working with the city and pulling permits, work with a contractor that is used to working with residential properties versus commercial, schedule regular meetings with your contractor to check on status and hold accountable, be sure to consider permitting time when calculating holding costs, and lastly, be sure to have reserves in case of natural disasters (i.e COVID)