@Colton Elwood that’s fantastic information, thank you so much for letting me know all that.

This allows for infinite scaling as you grow to compartmentalize the liability from properties, but the “child” series LLC are private documents and can be established from your computer - it’s a fantastic tool.

I hope all of you are having a fantastic day today like i am! 

As far as her concerns with not being rented to by the new buyer, if she has a lease with you that has 7 months remaining on it then the new buyer has to honor that lease (though he/she can evict her if she is not following the lease rules).

Use, pay back, use again.However, when it comes to the refinancing step of that property you just purchased there are some pretty important rules when buying with cash or a HELOC/LOC. 

You're not even hitting the 1% rule.

Once you get a ruling you file to small claims court and if allowed garnish wages.Do you have a deposit from them to put toward rent.

DFW REI Network Investing Meetup - https://www.meetup.com/DFW-REI-Network-Investing-Meetup/ - Started in Bigger Pockets this group meets once per month and has a NO GURU SALES allowed rule.

Best folks to contact are the guys at Bildwise (@Ritch Bonisa) they are fantastic in providing boots on the ground, scope of rehab quotes and then running the rehab (or new build) as your project manager. 

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