, lawsuits, general legal fees, asset protection (business entity structuring), insurance, large capital outlays (e.g. new roof), etc.

One of the reasons people have separate companies in the first place is to (a) protect assets, as lawsuits could only be targeted at the assets of the company named in the suit, and (b) privacy.

The other redeption periods are still in effect, and purchasing one of those leins can be a way to acquire the property after the sale but before it becomes a REO.The new law, the "Colorado Foreclosure Protection Act" defines both preforeclosure consultants and equity purchasers.

That is not one of the Protected Classes.

if not you need to look for ways to increase your existing rents or leases to procure or leverage a higher net income from your properties.There are many avenues you can do creatively you just need to find the one that can work the best in your scenario.To question # 1 Yes you can owner finance a buyer but make sure you are protected in the transaction to ensure you have some monetary committment if your buyer defaults.

I've told them, "you know the law changed since you signed your lease and in order to come into compliance with the new state law, THAT GIVES YOU MORE PROTECTION, you will have to sign this new lease".Hanger wrote: extending their term giving me a good chance at a solid year of no vacancy.

say my goal then was to protect my primary residence from anything that happened on a rental.Is having a large unbrella policy enough to solve all of my dilemmas?

My understanding is that an LLC forms another layer of protection for your personal assets.

Do it in a gentle way.There is no good way to protect your position other than get the deal under contract.

My next in line to read is a book that REI suggested in a separate thread, "Wealth Protection Secrets of a Millionaire Real Estate Investor" :groovy: