I mean the house is in need of at least 40k in repairs and if the bank would choose to put it on the market, they be getting the same amount I would think max for the home by the time they even put it on the market.

Guys I am getting ready to do a youtube video that I will move to my website.  

video=3000368680&pl...That video can help you with Home Sellers and Home Buyers on Rent to OwnI love Diana Olick of CNBC.See all of her vids on the National Housing Markethttp://search.cnbc.com/main.do?

In the future I will look around on putting them into an LLC if I choose that route.CO A&B are management companies.  

The conversation was about anchor properties, we mainly focused on reasons we chose those properties and what made us choose them.

Attend open houses and see what is on the market that a prospect would choose other than your place. 

If they still choose to have the application processed and they are declined I always let them know why.

With that broad parameters they set, I am planning to put a cap on finishes as part of the proposal, say for tiles it will not exceed $2.00/sq ft on the finish material (grouts, mortar and etc not included as finish material and represent tile only), or give out colors on the countertop (ie gallo lines), so they would not choose anything expensive, basically I will be setting cap spending on top materials.

If the goal is risk mitigation, and your exposure isn't huge (maybe you have a property or two and are just starting out in life), some investors will go the insurance route and choose a large umbrella policy over forming one or more LLCs.

We have two options, parlay this into another local REI meeting which we have three to choose from.