I am your person :) 

@Ryan SummersThere are several considerations that can go into the analysis of whether you need an LLC or whether a large insurance policy will suffice.

Quote from @Jack Schwartz: Mavely, I typically steer clear of Hard Money Loans (HML) when it comes to BRRRR rehabs due to their steep interest rates, which range from 9% to 14%. 

Homes ranges 250-350k. most of these homes need renovation minimum 10k most of the time.

The partner needs to pay the money she used for personal use and based on the math, if she leaves the partnership, she brings in less.

Don't know where your rental property is, but in Florida, we have a statute that deals with death of last remaining tenant and the procedures to follow to allow the landlord to take possession of the property and dispose of the tenants personal property.

All our meetups that I personally attend. 

But then again maybe the person has some sort of safety net for the dog, meaning a relative with a farm or something that would take the animal and your renter could stay.

I am in Indiana as well, in our situation, it did not make any difference on our taxes if we left it in our personal name or transferred into an LLC. 

For a kitchen that needs new sink, new range, new fridge, new white shaker cabinets, new granite countertops, new tile backsplash you are looking at 12k+For LVP it is maybe 1.25/sqft and then figure another 1k - 2k for installation.I learned first by calling and asking.