You should check your state's laws but in Florida, the title company makes sure to verify the seller's identity after we open escrow.

Also, it tends to ensure much better renters--families on vacation, not groups of eight partying for the weekend.

@Clint Thezan  We  (Rent Branson Vacation rental property management company along side the buyer) have had success this past year in gaining permits from the county to allow an SFH conduct nightly rentals.   

You don't need an attorney, down here we usually use title companies to transact the deal.

neither the real state attorney hired to create the LLC nor the CPA mentioned anything about tax implications when the company was created, I feel the 'experts' I paid for this services let me down.any recommendations, or options to minimize the amount of money owed?

I had the Property Management company start the process and they went through a so called mitigation.

The plumbing company gave me a quote and list of what has to be done: "Remove toilet and many ceramic tiles from floor and shower stall.

feel like i've consumed enough media over the years i'm past basics stage.ok lets try a specific question:what company can i call for an insurance quote on a 4plex that would be all units  rental not a live in?

Since they both will own the Holding Company, it will technically remain the same "taxpayers."

My concern is I tend to be less risk adverse especially with short term losses if the long term gain is worthwhile (i.e maybe the property might not cash flow today but it gains more equity).