The LLC is a vehicle to assist with estate planning.

Somebody like Todd who already has a growing team could grow with exp, Remax, KW, or whoever, so it is just picking the best brokerage vehicle for your scenario.

Remember when investing in real estate or any other vehicle if you are not prepared to lose it all you are not ready to invest.

How many people will be living in the unit (every applicant over 18 must each fill out a questionnaire completely and legibly) What is your income How much monthly debt do you carryDo you know your credit score ( most put down at least 100 points higher than it really is) Do you have any evictions Do you have any judgementsHave you ever taken your LL to court for any reasonDo you smokeDo you have petsHow many vehicles do you own and are any vehicles commercial style vehicles. 20% of my applications get denied for incomplete  paperwork or incomplete information 70% get denied on credit income or lying on the application.10% pass initial screening but fib up the interview or as I start digging in their situation. 

One being a max of 3 vehicles at the property. they refused to put those terms.

HiI have 5 properties with my wife.our debt service ratio is about 43% 44% With the car payment and about 41% 39% without the car payment.We currently have a vehicle But it is old, unreliable, and high consumption.

Did you only use REI as your vehicle? 

Anyone have any good verbiage for a lease Addendum to allow a certain amount of vehicles on property?

We have 4 kids so smaller vehicles are harder for a family of 6.

The townhouse is a win for you financially and can be the vehicle that rights the ship.