> Option 1 with the state theLLC is registered on is the proper way to hold title in the LLC@Charity Skore , do you mean the grantee should be: ABCDE, LLC, a New Mexico LLCOr should it be: ABCDE, LLC, New Mexico

@Benjamin Obeng they will be reasonable but most of the time a local lender will have better options for first time homebuyers - specifically with Downpayment Assistance Programs which are usually managed by local charities/governments.And as a side bar in case anyone else is searching this topic they are NOT to be used for investment properties.  

For now, I chalk it up to charity.

The tenant demanded the landlord come to the rental house to get the check and when landlord refused she came to their house and was pounding on the door demanding they come outside and take the check from her - at the landlord’s houseThx charity is charity. 

I wanted to share some of the tactics that have helped us collect over 99% of rents, and would love what you have done to increase collections, so we can all learn from one another.Here it is:- early birds discounts of $50 per month (if someone paid rents in March for April, they received a $50 discount)- flex payment plan - tenants who lost their jobs can make partial payment and the rest of the unpaid rent is amortized over the life of the lease- sharing valuable information with our tenants re the PPP/EIDL loans for small business owners and independent contractors, nearby charities that provide food and necessities, information on unemployment applications, local businesses that are hiring right now, etc.- Walmart gift cards for tenants who have lost their jobs- switching to Rhino to allow tenants use their security deposits to pay rent in exchange of singing on a rental insurance ($5-$10/month)- keep an honest and open line of communications with our tenants, and letting them know we are there for them.How did you handle rent collections? 

@Erin Dorsey Robinson I'm not set-up as a Non-Profit organization, so I will not be donating to this particular tenant based charity.  

Punish the law abiding property owners who do not owe it to the Government to provide charity.

I would not keep the rent the same or raise it slowly, you are investing not running a charity (covid means you might not do it right away, but still would not be a multi-year proposition)

The common welfare was my business; charity, mercy, forbearance, benevolence, were all my business.

My current plan is to give each of my kids a portion with the caveat that they must first give 50% of their portion to charity.