(c) "Person" means any natural person, any form of business organization, its officers and directors, and any natural person who authorizes rent skimming or who, being in a position of control, fails to prevent another from rent skimming. 891.

Make sure you are operating on the correct side of the fence.

Over the long haul, your operating expenses will likely average out to 45-50%.

May want to look into Landlord Locks as you scale up your operation...

Broker - someone who has no money, small operation in most cases, works a full time job in another field, has no money, no team, always looking for the easy way out with no real commitment, never buys from the bank.

There has to be a fundamental change in the way the auto industry operates.

I will need to provide: Personal financial statement, 2 years tax returns, articles of organization for LLC (and EIN number), and a credit report (he will pull).3.

Also, where are your organizing funds coming from as you form this new LLC?

Therefore, a lease-option is really just a rental with the exception being that some of your operating expense are deferred until you get the property back.I've got to go, but I'll try to expound on this later.In my opinion, this is a terrible deal and I would pass!

With a principal of roughly $1,300 per month and assuming a $250 per month HOA, you are still at about $2,000 total monthly after your operating expenses.