But buying and holding real estate, liens, notes etc is NOT transacting business.In the case of Memphis our advice came from the Tennessee Secretary of State:The Tennessee Business Corporation Act (TCA 48-11-101 et. seq.) does not define “transacting business,” but does provide the following non-inclusive and non-exhaustive list of activities that do not constitute transacting business in Tennessee: Maintaining, defending or settling any proceeding, claim or dispute;Holding meetings of the board of directors or shareholders or carrying on other activities concerning internal corporate affairs;Maintaining bank accounts;Maintaining offices or agencies for the transfer, exchange and registration of the corporation’s own securities or appointing and maintaining trustees or depositories with respect to those securities;Selling through independent contractors;Soliciting or obtaining orders, whether by mail or through employees or agents or otherwise, if the orders require acceptance outside Tennessee before they become contracts;Creating or acquiring indebtedness, deeds of trusts, mortgages and security interests in real or personal property;Securing or collecting debts or enforcing mortgages, deeds of trust, and security interests in property securing the debts;Owning, without more, real or personal property (including, for a reasonable time, the management and rental of real property acquired in connection with enforcing a mortgage or deed of trust if the owner is attempting to liquidate the owner’s investment and if no office or other agency, other than an independent agency, is maintained in Tennessee);Conducting an isolated transaction that is completed within one month and that is not one in the course of repeated transactions of a like nature; or Transacting business in interstate commerce.We have set up hundreds of clients in 9 countries so we make sure our advice is good.

Here in NJ if there is a raid of this nature and the Police or a specialized DEA type outfit enters the abode they need to leave paperwork showing that they had this right to enter the premises and or search or seizure.And yes Joel is referring to a very long thread that took place with another Air BNB incident in which the tenant refused to leave and she had to go through hell to get them out finally and gtet reimbursed, which in the end she did I believe.....The more I think about it the more I would need proof to belieev that thsi actually happened.So, how it works is Air BNB gets paid from the tenants and then they in turn pay you after tenant leaves?

I think it's natural to be envious.

El yunque is a national rainforest in rio grande. its all nature and its has a great view once you get to the top!

I design the house with trends that they are naturally going to like. 

Naturally the lease will state the building is not to be lived in . 

so that's getting stripped today and the tub will end up being refinished and the tile simply cleaned of this paint and left in their natural state (avocado). 

Deposits are not your money, they are escrowed funds, bonding deposits doesn't change the nature of escrowed funds, they are secured as to your agreed use of funds.

Hi Greg, I can't speak to best practices or anything formal of that nature, but I hosted a BP get together here in San Antonio earlier this month and everyone seemed to have a great time. 

First and foremost, it taught investors who thought they were invincible a very important and expensive lesson that you don't fool with Mother Nature.