It was at this point that I informed th trustee of the environmental problem I had found - a fact that the trustee would now have to disclose to all bidders.

The neighboring homes should ALWAYS be assessed before making a final decision and a home looking like that should negatively impact your decision to purchase it, for flip, for hold, for ental, for anything.

Safe Act doesnt say anything about whether transferring title has any impact on applicability.In Texas, TDHCA regulation states that you transferring title into another's name constitutes a sale rather than a rental though but other guy does not live in Texas.

Watch out for IRS liens and environmental issues like sewage liens.

If it's intended to go the distance, the above may have impact on tenant turnover (and loss of improved rent position on extended leases).

http://www.spokesman.com/stories/2010/mar/28/health-laws-heavy-impact/

Just to clarify, sorta, all LLCs are "managed" either by a designated agent or another entity or by the members as J.ason pointed out, how you declare the management of the LLC will have an impact on how you are taxed, so you need to speak with an accountant/tax advisor/CPA.

guns or butter, the economic impact!

I've had credit cards with well over 30% utilization for at least a year with minimal negative impact on my credit score.

When the dinosaurs went extinct it was due to a punctuated climate change from a meteor impact that released dust and debris that blocked the sun.