While 99% of my tenants would not even consider cheating, I do not want to leave myself vulnerable to unexpected chargebacks, and/or lose or run after my money, or argue with any tenant that may run out of money or be unhappy for any or no reason, at any time. 

My second contract is the actual contract I closed on.Crazy thing is, I didn’t see the house before I put contract in.I trusted that my agent knew exactly what I wanted by that time and I flew in to see the house during inspection-before close.STEP #5 Found the money  Now some would probably argue that this step should have been higher up on the food chain…BUT I am simply telling you my process.Being fresh out of college, I did not have the capital to pretty much buy ANYTHING cash-no matter how “cheap” the property was.What I did have was good credit and a job.

Example: a lease has late fees, a landlord excuses late fees, legally a tenant can argue successfully that late fees may not be applied in the future.

The ABCs of Real Estate Investing by Ken McElroy4.

Considering your interest in investing in multi here's four suggestions in order to get you educated AND motivated.1) Listen to Podcast#108 with Grant Cardone2) Listen to Podcast#52 with Ken McElroy3) Read "The ABCs of Real Estate Investing" by Ken McElroyand finally4) Read "The Advanced Guide to Real Estate Investing" by Ken McElroy which is one of the best and informative real estate investing books I've ever read. 

Not surprisingly, he keeps burning through real estate agents because none of them are "responsive" enough for him.I'm not arguing that it may work for you.

I had talked to people with more tenant/landlord experience- they said don't give them a reason for non renewal- so you have nothing to argue over.

The individual suing your company can only go after company assets if structured as an LLC, however if you comingle funds inappropriately, the opposite party can argue those funds are associated with the business, even if they came from a personal account. 

I am certainly not looking to argue. 

You could argue this could happen in any closing situation I suppose.