IF not, what is the best way you'd recommend to create some asset protection here?

Always get a W9 from whomever you hire• Make sure you have them sign lien waivers before you give final payment• Check your city's court documents(public info and usually online) to ensure they don't have any judgements against them• Do not pay 50% up front.

The next one is Jan 22nd at the Groton Public Library at 6pm.

Here in California, there are potential statewide mandates that would Upzone properties for bigger and denser developments if they are located in and around major public transportation hubs, ie- metro systems.

As to your question about the LLC, this is how I break it down for people looking at real estate investing and asset protection - I call them the pillars of asset protection. (1) Avoid high liability actions [this is more of just executing common sense,] (2) find a great insurance policy, (3) compartmentalize your assets [LLCs, C Corps, etc.,) (4) separate your assets from your operations [operations contain the most liability,] (5) introduce layers of anonymity to hide your assets from prying eyes.I approach these issues from the mindset of being an investor myself, so it all has to come together in a way that is profitable.

Perhaps by bringing attention to it at a public meeting the "right" person will hear you/get wind of it and send one of their guys out to spend an hour to "make the problem go away."

Once their loan is qualified by a MLO then they are protected more from the loan defaulting and they can even sell their note to others easier. 

I'm not a lawyer so definitely double check me but this type of stuff is what forces the government to put in new regulations to protect people. 

This will protect your seller further in case of default. 

The term "seasoning " is really only applicable when you are acquiring a property or doing something else with the title/deed -- often you need to allow the title to season for a specified amount of time before a bank is willing to touch it -- banks don't like uncertainty.Regarding @Christopher Richardson's suggestion, if a private lender does not file with the registry of deeds, I don't see how they are protected from the equity in the property.