We assumed it's the same stuff they use in vehicles to protect against the direct sunlight until they installed curtains :)

Many buyers/homeowners like the fact that there is someone looking to protect their home values and that there is someone willing to fight to ensure that their community is properly maintained.

It's a personal preference.The main thing to protecting your assets is running everything properly and exactly by the law.

if it was an auto repair shop, there could be environmental liabilities.

.- No discrimination against protected classes included section 8(in my city this is not a protected class).- Establish reasonable fees prior to tenant move in for move in/out damage(we are townhouses style), administrative fees in maintaining tenant information.- Minimum of 12 month lease terms.- Can't rent a unit until a year after the sale agreement.- Can't own more then 3 units(144 units of condos and townhouses).

The property is old (1950's), so I need someone who will find environmental issues as well as maintenance problems.

I don't ever recommend leaving water trickling as a means to protect against freezing.

Owners policy protects owner from title claims up to purchase price.

This will be a manager managed LLC and the reason we do that is so that we can protect our money investors by making it manager managed, the money investors are protected from the liability of the operation.

The biggest thing I can think of prior to going into rentals is to have an attorney review a lease to ensure that all applicable laws and regulations are followed to protect you when you do have tenants.