All multiple layers of LLC's does is make work for lawyers and accountants.Not to mention you can likely get a LOT more protection with a liability policy for the cost of all of that extra work.

Really that simple.Of course, the pitfalls are:- Extra time/effort/risk in permitting- Extra holding costs- More risk to the budget- More risk to the project if you're experienced/comfortable doing additionsI think this is something that any serious rehabber should have in their arsenal, as when inventory gets tight, these types of deals are often the ones that are available/profitable.

My tenant has at least 4 extra people in the property that are not on the lease, that totals 9, she just signed her lease this month.

We like the idea of investing in real estate to generate extra cash flow.

Not sure if they burn off extra gas??

It will earn you commissions but it will also show you how to buy houses that are not selling through regular marketing as described in the article above.

I have a conservative budget set that even allowing for extra personal expenses we can save $15k-$20k per year.

They can earn up to half the wholesale fee on other deals where they located deals, find the owners, call or take part in the actual transaction.

There is a lot of downside to earning your living by doing something that is a violation of your state law.

But your ARV would still be the same as your extra quality was not so much an attempt to push the ARV up as it is to push the holding costs down.