Recently a few friends have suggested that I invest some money into the basics such as new plumbing and some cosmetic work so that I can at least market it for a higher price, however, I am hesitant to do this as I am not sure if anyone will buy once the updates are completed.

They total upto $1.5 million of rental assets.How do I do asset protection against any lawsuits, especially in a tenant-friendly state like California.Actions Taken:- I have broken them down to 2 LLCs (3 properties in one LLC, and 2 in another).- I have Umbrella policy of $2 million.Ideally, I'd like to have 1 LLC per property but California LLC are one of the most expensive in the country.Can really use your help and inputs!

Business partner(s) can be friends/family members/spouse if you keep things as seperate properties/or through other connections? 

One of my friends did that.

Thanks BP friends!

The camera we use is a Garmin Virb which is around $700 and the software is called Transported.

Is the boy friend or the tenant in a protected class?

One thing to keep in mind, is transportation.  

Hey folks,I live in Seattle and therefore am not looking to buy any rental real estate locally. For that reason, I've mostly been doing my research in out-of-state areas like Pittsburgh or The Triangle in North Caroli...

My wife’s best friend owns a couple weeks in Kauai and talks about how awesome it is.