The management entity will have 0 assets so if something goes wrong on that end, go ahead and sue, you hold no assets there.Keep in mind that if you 3 have "lots of capital" you will want to either use leverage to reduce the equity position or divide the equity between multiple holding companies so if something goes wrong, you don't have all your money/eggs in one basket for someone to sue for.Keeping in mind that you must operate each entity as a stand alone entity, not combining or comingling funds and operating each entity as a business to avoid the potential corporate veil piercing.

That, combined and his angry, erratic behavior toward me made me think he'd make a bad tenant.

I use a combination of a Realtor's site and Zillow.

If deficit reduction combined with extended terms at reduced interest rates will keep more money for the lender then that what they will do.

The trust/LLC combination should avoid that.

Combine that with watching your margins as you buy and things should be OK.

(Fabric freshener, Air Freshener [I love vanilla a scent, combined with fresh paint on the walls!

Purchase, within a 3-year period, two or more single-family dwellings, two-family dwellings, three-family dwellings, or four-family dwellings, or a combination thereof, that are subject to a loan that is in default at the time of purchase or within 1 year after the time of purchase, which loan is secured by a mortgage or deed of trust;(b)?

However, if their FS literally describe the line items as "roof contractor" or "plumbing contractor" that makes me wonder if they are potentially combining capital improvements and repairs, just as Ann Bellamy mentioned.Appraisers/analysts will include in the NOI a capital improvement "reserve" based on age, condition & market to cover estimated capital expenditures, just as Nathan Emmert mentioned.Often on larger projects, the lender or equity partner requires a Property Condition Report in addition to the appraisal.

Since you are already going through the Rich Dad Coaching learn as much as you can from it and combine that with what you can learn from BP and other sources.