If you are going to remove the mold yourself you run the risk of a future Buyer lawsuit.

If you do not have substantial assets for someone to come after in a lawsuit, then having liability coverage is sufficient. 

If there was an incident 3 years ago and the lawsuit is filled after I purchase the company, I am on the hook for it.

Perhaps an a endless number of possibilities; credit lines, debts of the LLC, potential lawsuits of injured people, law suits for any kind of tort, unsecured loans, etc.

You should never service notes yourself, you are asking for a lawsuit if you make one mistake under the FDCPA or the CFPB laws, and some states mandate a licensed servicer.Due diligence is where the real work is.

Hello Bigger pockets FamilyI am writing this particlular piece because I am currently renovating the downstairs portion of my house. I have hired contractors to do the bulk of the work. because one I am lazy and two. ...

Without a doubt the kitchen and bath are your two areas where your property will shine in the potential renters eye.I am about to commence on my In law suite and I am at an impassse when it comes to selecting Cabinetsmy contractor wants to go builder grade. but painted. and we will swap out the doors to go with a more modern look. i had some cabinets picked out from Lowesbut i also like some of Ikea's offererings However,Ikea build quality is suspect.I am only dealing with line set up on a 12 foot wall.with 24 inch stove and 24 inch fridgeso my cost will not be too high no matter which way I go. 

In such a lawsuit, the landlord has the burden of proving that his or her deductions from your security deposit were reasonable.262263 These additional amounts can also be recovered if a landlord who has purchased your building makes a "bad faith" demand for replacement of security deposits.

It will need a total rehab.I know I will have to get a file a quiet title lawsuit to be able to sell and/or refinance once rehabbed. 

That way, I'm still spreading my risk from both potential lawsuits and from bank in the event they ever had to foreclose on a leveraged property so that they can't come after other properties where I have an equity interest that are owned free and clear.