Far too many investors spend way too much time, money, and energy creating LLCs or other complexities that serve no purpose.An LLC is useful for two things: anonymity and legal protection.

Hi everyone, first time poster here.

There will eventually be a time where rent will cause me to cashflow.

And if I did a half-decent job with this post, I hopefully convinced you that finding an answer for your specific situation is not a DIY project.

I keep getting a pop-up at the top and bottom of the page and am having to close them out every time I move around the forums or my page refreshes.

I have a management firm that has filed the necessary paperwork and received a judgment, but it is apparently a time consuming process to then get a writ of restitution and then to schedule the sheriff to evict.

I have reached out to complain so many times and still have not heard from him to this day.

We are remodeling the home one room at a time.

Either continue renting to them or sell the place for cash, but doing financing for someone the banks have already determined is not creditworthy is not a good use of your time.

You will still have to pay someone to live somewhere anyway so you may as well build equity at the same time and as a backup plan, sell the property if you are not going to be able to rent it out.