If you think the literal only benefit is audit protection you're looking at it backwards.

He also said the in home visit is to protect you as well, the landlord, that way is something breaks, it was documented before the tenant moved in.My advise when it comes to section 8 - I wouldn't shy away just bc its section 8, but still keep your requirements as a landlord.

SWD offers less protection, since it only covers period when Seller owned the property.  

The purpose of the program is to protect families facing temporary hardships from falling into homelessness.EligibilityClients must live in, or be moving to DuPage County, and have a lease agreement or mortgage.

Restaurants in major cities across the country are closing, if not because the local government is forcing them to then because they are trying to protect their guests and employees. 

I wouldn't do C Corp if you plan on holding, and while I realize partnerships are very powerful (but not exactly sure why), gain the asset and liability protection of the LLC while still operating as a partnership.Then, 3Friends will be the managing partner for each development project/venture/company that you do. 

you will have borrowers that will blame the bank for lending them the money in the first place.. then you will have folks like you and me who have the exact same outlook we protect our banking/lenders at all costs.

PS: should I complain to the Consumer Financial Protection Bureau?

It's not something I want to mess with, and I'm very nervous about not having the legal protections, but the new lower rates on a very large loan are too good to pass up.

If you dont have the money to pay an attorney to do this paperwork properly to protect you and your buyer and your seller then you should either partner with someone who has the resources you are lacking or even find a real estate attorney and offer them a piece of the deal instead of paying them a legal fee.