This is a publication subsidized by Rishel Consulting Group.If he buys a community, immediately join the state trade association in the state the community is in because that association will not only protect his investment, but also be a valuable resource for information and opportunities to network with other community owners.I suggested he do all of this before he starts looking for a community.

That way I am protected from the legal end, and I get what I want in the house. 

That need to be protected from any possible liability arising out of the new acquisitions? 

But again, a good landlord attorney will keep you most protected and the cost of legal advice far outweighs doing something wrong and it favoring the tenant's bank account.I personally always like to have a 1 year lease (nothing longer for residential) and security deposit for the following reasons:1) I am theoretically guaranteed to not have a vacancy during that time and I know what my income will be.2) My tenants know they are legally responsible for paying the rent during that time.  

I just have ideas on how to protect your investment when you do decide.

My investor is wiling to take over deal and give me a "marketing fee" how do I protect myself and not get cut out?

If I want to put properties into LLCs for asset protection, any tips on how to get financing?

I know I need to set up an LLC to protect our other assets.

New and frequent changes in my professional life switching from one client to the next have always been welcome and invigorating.

Switching uses at a property can be very, very challenging for all the reasons you mentioned.