So, they will simply start their own foreclosure.

Simply wasn't doing my verbal math.

So many grey areas and such, I am reasonably gong to simply avoid it all together and not involve myself in deals with owner occupants.

Yes, even the person manning the drive-thru at the local fast food joint is representing that company.So, for me, it was simply an indicator of their inability to use good judgement.

A 22 year old came to work for me a few years ago.She selected a few mentors for whom she simply did a lot of work for free.

I do not currently flip nor do I look for those opportunities.To lay it out simply, I do this:equity < 25% - Never Refinance25% < equity < 40% - Refinance if capital is neededequity > 40% - Always refinance even if capital not needed (assuming property will positively cash flow afterwards).My thought is I never want more than 40% equity in any property I own.

Plus, if a lender finds out, they will simply use another agent and once more the original agent's income drops.More likely there is an inventory shortage in these markets and the agents have ready and willing buyers lined up like hyenas just waiting for another kill - so to speak.

People who are good at different areas and want different things so just because a deal seems too good to be true from a Wholesaler it's not always b/c they are hiding something it's simply not their business model.  

Unless you are holding a huge number of properties or there is something unusual about your specific situation I question the need for even a single LLC.Most people can REALLY accomplish what they think they are accomplishing with an LLC simply by making sure they have a good umbrella insurance policy in place.

There is an ongoing thread about day care at a rental:https://www.biggerpockets.com/forums/52/topics/109391-advice-needed-residential-tenant-w-a-daycare-insurance-headache-helpI didn't want to hijack it but I thought a more generalized discussion would be helpful to me and a few others.I also made it a point to tell applicants I do not wish to conduct business at my propertyHowever there are some gray areas, and I basically made my rules looking at the nuisance factors...not so much liabilities, and now looking at that thread, I may have to rethink this.You see, I would not have allowed the day care simply because a half dozen moms picking up and dropping off at the same time would cause a parking jam and inconvenience.On the other hand, I have told tenants who occasionally allow "friends" to drop off a kid for them to babysit its ok.