im looking at putting the lot in my name. its about 10,000sq ft. so far ive called farm bureau insurance and got fed a huge line of bs. at first the guy tried to say i needed builders risk insurance when he found out i plan to build my own place. forgetting the fact i said i wanted to just buy and hold at first.then he said i should get renters insurance with the same company i have vehicles insured under. then add the property to that. no way in hell that is happening. i dont want all my eggs in one basket. an answer like that is an insult to my intelligence. he cut the crap when i said i could just put it in an LLC and cut insurance completely out of the picture. finially he told me they didnt have a product for that, then gave me that idiotic advice.im still waiting on a phone call from farmers insurance. i dont know why this is such a hard question to answer?

If you are literally bring all the cash and they are just a vehicle by which you may obtain a conventional mortgage you should get the majority of the proceeds. 

where there any issues as to the chemicals they use?

Hey everyone,I know that this will be different from state to state, but I am planning on purchasing a duplex or a quadplex with my father having the intentions of living in one and renting out the other(s)I was wondering if an LLC would be a good vehicle to go with in this situation so that we have some protection.

That's what we talk about a lot here, but I for one have a lot more money invested in other vehicles than real estate.

EVERY full-time professional apartment investor I know has said time and again that an investor new to commercial multifamily should start off with no more than 12 units.As others have mentioned, it is a more complex vehicle than your average SFR and ONE mistake could put you into foreclosure or bankruptcy.

And I don't know how it would be structured, it probably would put a 2nd or 3rd position lien on the property, which is not that attractive, but as a passive cashflow vehicle it seems it would be very attractive to many people with cash earning nothing in the bank, or cash at risk on Wall Street.

Unless you have an investment vehicle that can 2x those dollars, the value Real Estate is unlocking for you is (1) tax benefits and (2) potential price appreciation. 

This is a truly passive investment vehicle that will allow you to participate in all the benefits of real estate - cash flow, appreciation, tax benefits - but not have to be involved in any of the work. 

That middleman processing layer can become a real barrier with time-sensitive and transaction intensive assets such as rental property.A plan offering checkbook control such as a Checkbook IRA or Solo 401(k) will be a much more effective and efficient vehicle for the type of investing you are considering.