Hi Greg,If you want to limit your risk putting into an LLC would be the first step.

Every investor has a different risk tolerance, financial situation and set of financial goals.

Keep in mind that any traditional lender will have rules and limits for how much the seller can finance in addition to their own loan, so unfortunately it's not possible to combine the two for 100% financing or anything close.John

I just want to thank you for setting it straight!

That's why you cannot set a general rule.

I’m interested in giving my son a house downpayment gift via setting up a trust for him to use.

Tom,I have been in contact with dozens of investors like myself that lost a lot of our investment capital via lending notes set up through Safeguard Capital Partners LLC. 

I haven't seen this lately but be careful and read the terms - there are often terms in the mortgage that preclude using the second home as an income property or limit the number of days you can be paid rent on it.

I ask because I thought the loan had to be non-recourse - Hi Paula, I do have a DSCR lender who can assist with a limited recourse loan that will close in the name of a self-directed IRA.

Furthermore, now even lavishly furnished apartments, thanks to Newsom, will be limited to being secured only with a SINGLE month of security deposit in CA which CANNOT be applied to 'normal wear and tear' of furniture either, so if the tenant in a furnished apartment never pays their last month of rent but wears and tears down all the furnishings, it seems landlord would still have to give back the 'security' deposit on move-out, not being able to apply the 'security' deposit to last month of rent in arrears NOR the worn and torn furnishings?!