This is important because the depth of frost penetration may or may not be an item of concern when determining the repair type (depth of repair, etc).

(b) Notwithstanding subdivision (a), a manager of a limited liability company may agree to be obligated personally for any or all of the debts, obligations, and liabilities of the limited liability company as follows: (1) If the agreement to be so liable is set forth in the articles of organization or in a written operating agreement that specifically references this subdivision

After the lease was signed, I emailed them the lease for the reference and have asked them to send me an email acknowledging the receipt of the lease.At one of the local REIAs meeting this week, we have a real estate attorney coming who will be discussing the general land lording issues and I will ask the attorney at the meeting what are the pros and cons of having a lease signed on an iPad.I will keep BP updated with what the attorney says.

He was recommended by our realtor so I didn't check references.

Is there a concern using a real estate agent referred by the bank that is providing the home loan?

Based on the numbers you provided, an all-in cost (acquisition of $50k plus rehab of $22k) is $72k which is 58% of the ARV (the low end you stated) which makes for an extremely good deal if the numbers are what you stated.I would also add that $22k for the work you mentioned seems low to me unless you are working with very low end items.

Maybe having rentals on the MLS is more common where your property is.Leasing is hard work if it's done right - property advertised, references checked and a background report with credit and criminal history should be run.

Any foreclosure defense attorney will do most of what they are referring to in defense for a borrower.

Does tenant pay for it all including hvac and capx or are those two items + anything else "major", the landlords responsibility?

"This" seems to refer to the closing costs that get lumped into the loan.