I am planning on starting a real estate class to obtain my license starting in May.

He is trying to obtain financing, however, he poses a huge liability risk for me.

Could I transfer the property back to myself to obtain conventional financing when I go to refinance it? 

I am shadowing you bigger pockets agents and investors by starting these discussions and using your responses as guidance.

I've leased many times so know what to say to tenants - the pet discussion was thorough and often - we even delayed signing the lease as i was told by Mr tenant that his wife may want to buy a yorki-poo - (I was ok with it at the beginning but my policy is a higher deposit and I meet the dog) he finally tells me during our leasing process he does not want a dog and is deadly afraid of them and they will NOT have a dog in the house.The PM i'm partnering with in my business goes over today to do a property inspection - they hid the pitbull but the Yorkie-poo was found in the downstairs bathroom with a kennel and pee pads (meaning it's not potty trained) - I despise these little dogs as they will piss all over the carpet and since they're so little the tenants wont care or find the mess and clean it up. 

We will have liability up to 1M on the property.My questions stem from loan/Asset Protection.If we were sued, and for the sake of this discussion we are sued and lose $2m, would we only lose our $1m (insurance proceeds) and 20% capital (assuming we have to sell the property). 

Hey everyone,i'm just getting started in REI and i'm about to obtain my first SFR.

I am trying to obtain legal control of the property with mother in law and wife.

I'm trying to find an online service to obtain my Texas state ID #, in order to open a bank account for my LLC, here in Texas.

Let me know if you ever want to meet up for coffee to discuss real estate over