I set up the trust deed and promissory note so that in case of default on Lot A, I would be the first lien holder on Lot B and it would be held as collateral for the loan balance of Lot A.

After reminding her of this, she said she hadn't signed anything agreeing to have the security deposit with held if she didn't move in and that after 30 days she would file suit.

Ideally, I would complicate this by advising you to have the four LLCs (called operating companies) held/owned by a holding company (also an LLC) and the holding company would then be owned by the trust.

If the sanitary conditions in your unit are such that it attracts pests of any kind, and it becomes necessary for us to undergo remediation in the building, you will be held financially responsible for reasonable costs thereof, paid as additional rent.

Yeah the BP community has been awesome and I will get involved in some real estate investment clubs but have to know where they are held or located.

If the sanitary conditions in your unit are such that it attracts pests of any kind, and it becomes necessary for us to undergo remediation in the building, you will be held financially responsible for reasonable costs thereof, paid as additional rent.Please let me know what you have learned over the years about putting specific items in your least to protect you as a landlord. 

I was a realtor at the time (only held license for a year).

For us up here any property held in an LLC requires an attorney for a court ordered eviction, but we use our attorney regardless as his fee(s) are worth me not wasting my time.

We've discussed 'how' we want the numbers to work, but will be working with an attorney to hammer out the details of how to structure it legally.The basics we have discussed:-Properties will be held in a Land Trust, one for each property, to protect us both.

Can you do a 1031 on a property you have new construction on but you held the land for over 2 years prior to construction?