.- No discrimination against protected classes included section 8(in my city this is not a protected class).- Establish reasonable fees prior to tenant move in for move in/out damage(we are townhouses style), administrative fees in maintaining tenant information.- Minimum of 12 month lease terms.- Can't rent a unit until a year after the sale agreement.- Can't own more then 3 units(144 units of condos and townhouses).

I don't ever recommend leaving water trickling as a means to protect against freezing.

Owners policy protects owner from title claims up to purchase price.

This will be a manager managed LLC and the reason we do that is so that we can protect our money investors by making it manager managed, the money investors are protected from the liability of the operation.

The biggest thing I can think of prior to going into rentals is to have an attorney review a lease to ensure that all applicable laws and regulations are followed to protect you when you do have tenants.

Should I lien the property that I am buying to protect my lender or leave it free and clear of liens.

There is another "homeowners protection act part II."

Hi All:Here is the scenario:Purchased SFR rental properties 1 year ago for cashProperties held in an LLC for asset protection purposesBank said need 1 year seasoning on properties to finance, so far so goodThen bank says: can't refi while in LLC, must be in personal nameI agree to move properties out of LLCBank says: Since there is a title transfer, you need to hold in your name for 6 months before we can financeI say: What?!!

The original intent was to protect my assets by putting the properties in an LLC.

PILE UP CASH IN INFLATION PROTECTED EASILY LIQUIDATED ASSETS if you want to have the time of your life as an investor in a few years.