While states may not require an Operating Agreement, Minutes or meetings, if you do not make your LLC walk the walk, in other words and clearly stated, does not conduct its business in a manner consistant with the corporate structure that makes the liability protection possible, then it will not provide such protection when it is required!

They need to be conducting inspections and providing photos. 

Deborah BurianThe building science site has many useful case studies and even though many of them were conducted in the more humid environment of New England, the temperature swing from winter to summer will be comparable.When you say the house does not have a vapour barrier at the exterior wall, do you mean house wrap (tar paper in those days) or an actual vapour barrier (which should be on the warm side of the wall)?

I conduct my business on the up and up, just wanted clarification if this is an common industry practice with 2nd home/ vacation rentals.

You will not have to conduct lead abatement until the unit is occupied by a tenant with a child under 6 years old. 

There were many screening calls and interviews conducted to make sure that these people were serious and would take care of the house. 

What ends up being the most advantageous terms will depend on the extent to which you'll need to conduct your due diligence in terms of checking all the boxes for making sure your plan for the lot will ultimately be permissible.There is a contract we typically use here in San Diego specifically for the purchase of vacant lots.Feel free to shoot me a PM if you'd like my help in getting that contract put together for your deal.

However, the city conducted a full house inspection and i was told i need  to replace the roof and paint the peeling paint outside!!!!

Let’s look at each component of the investment options in more detail to determine which one offers the greatest tax advantages for investors.RolloverTo conduct a 1031 Exchange, investors must reinvest both the principal and capital gain proceeds from the sale of an appreciated asset within 180 days of sale.

Asset and wealth protection.He pretty much explained everything we didn't know after we conducted our own research.I don't believe you need to spend any money on a course.