And it is the small guy like you with 1-5 properties who is not set up who has the most to loose.

Your other option is just to buy more insurance, which is perfectly fine and probably cheaper then setting up a LLC

You can view our ratings as well or check out or testimonials section of our website to get a sense for the experience we've provided for our borrowers.We finance 100% of the closing costs, we set aside a 6-month interest reserve so that you're not making interest payments the first 6 months, we finance 100% of your rehab/renovation budget, and we can close as quick as 5 days (we've even done it in 3).

The state pays you, not the tenant.Allegedly, the tenants do better because they're in a communal setting and the case workers love it too, because they don't have to travel to as many houses.As there are broadly similar approaches to student housing, this isn't setting my BS alarm off; at least, not exactly. 

(most run for 25 years)What segment is the hotel in, and what makes up the comp set (typically 5 hotels the hotel calls its competition)Is the brand/segment right for the market?

I thought I'd add the following update updateThe laws in Houston, TX have recently changed and now require grade beam tie-in of all footings, As a result, it's now much more expensive to set the house on a lot.

And it will give you some peace of mind having a more solid property. 

You want to set the rules and ensure you have a strong, legal lease. 

Shoot me an email and I can get you more information and set up a meeting for you.

Also under contract on another and set to close in about two weeks.I'm looking to learn more and connect with other investors.