I use one private lending institution and the others are people we have known for years and have history and a track record with.

UPDATE: I went down to the Recorder's Office and found out some interesting information.

But even if the note is in your personal name, the LLC will still hold title so I'm not sure that would even cause a privacy issue unless someone looks up the recorded liens on the property. 

You gain possession of the money, without having the bank in the middle of the process.For the record, 3% discount applied to a rent of $1030 translates to $999 :)

Ownership is documented at tsx assessors office and is public record so if you own property people know where you live.  

I do return HD purchase if I don't use them, including tools. 

Then logging them in a spreadsheet and look up the public and property records to see if they are REO's or possibly just starting the forclosure process.

Good discussion:In most businesses (real estate, retail, wholesale mdse, etc.) there are those folks who work out a profit per deal and others that work out a percentage for profit margin.One is not better than the other--unless you are talking to an accountant (they always seem to prefer % of profit).People need to do what works for them -- if they've been around the block for a while.If they are a newbie--try to aim for as close to the 2% rule until you have a few years worth of your own data and track record to steer you one way or the other or just to right the ship a bit.Your numbers won't lie and then you can fit you own experiences into your own strategy--not anyone else's.Until then, I suggest playing it more conservatively.

taxes and legal protection 2 separate things. the judge will ask : well show me that your LLC is not your alter ego but a legal entity separate from you.ok here it is : separate bank account, all properties are deeded under LLC, utilities under LLC, all contractor checks written on LLC, ADT set up under LLC, insurance policies under LLC. never comingled any personal funds with those that belong to your LLC etc etc..I simply acted as a manager of my LLC. so worst come to worst ...all your assets under your name should not be exposed of course, you personally will be named in any lawsuit that involved your LLC ...keeping your record straight will help judge to decide if indeed your LLC is a separate entityI have to run this by my CPA--> not sure CPA would risk his license explaining anything...this job belongs to asset protection/planning attorney. 

Once the tax deed is of record a certain number of years, the marketability is cured.  9 years in Colorado.