LLCs that are thinly capitalized are more likely to be viewed as “shells,” thereby losing their capacity to shield the members from liability.or fails to maintain a separate identity from its owners ( using the business bank account for business purchases, maintaining separate books) Conversion of entities Assets for Personal Benefit:Another factor that poses a risk of piercing the corporate veil is the draining of entities assets (such as payments of large salaries to shareholder-employees) that leaves the entity with inadequate resources to pay its debts.

You can't get good contractors to come in to fix them or maintain them -- they don't want to work in those hoods.

Advantages = Scalability, economy of scale discounts, lower property management rates, easier to maintain than small multi-family, the more units, the safer and more efficient the project (in our opinion) We usually deal with 100 units + on each project, rarely exceeding 350 units.Disadvantages = deal flow (hard to find properties in the domestic US with solid cap rates) We're shifting focus more heavily to Puerto Rico and the opportunities it currently presents.If you or your friend have any additional questions feel free to reach out.

Basically every deal becomes like working with a FSBO and my fiduciary duties are maintained.

You just want to be renting the spaces out, not maintaining the crusty old trailers.

So even if a resident doesn't move out at the end of their initial lease, this cleaning fee still remains to make certain some areas of the home remain clean year in and year out.Again, this is all speculation on my part though as maybe your landlord is surprisingly springing this expense upon you due to what sounds like possible roommates that haven't maintained the landlord's expectations of cleanliness.It may be best to take a close look at your lease to see how it addresses the charges associated with cleaning the home. 

There's a lot of seniors that are still active, but don't want the upkeep of larger homes, and would appreciate community, while maintaining privacy. 

We would like for the property to be maintained inside and out.   

Beyond @Tim Herman's spot-on advice, this old Victorian is going to cost a fortune to maintain.

I am also passionate about doing this because it can improve local housing stock (better maintained), decrease individual living expenses, decrease loneliness, etc.