It didn't save you from anything.As a lawyer, Ken, I will give you a piece of legal advice which is particularly true when equitable interests are involved: If one's business model depends on concealing fact, it is wrong.Therefore one records.I respectfully disagree.

Trump was convicted in NY state supreme court on 34 counts of falsifying business records to conceal a hush payment to adult film star Stormy Daniels ahead of the 2016 election in exchange for her silence about an alleged sexual encounter.

The white will most likely get dirtier over time but the light cream/beige & even light gray may conceal more.

Yes any investment can fail nothing is guaranteed but to not only conceal financial difficulty of the company, but to knowing convey the opposite, to entice investors to invest, that  unethical and possible illegal

I have a concealed license..

This is known as the “discovery rule,” and it can extend a buyer’s right to bring legal action even beyond the standard statute of limitations if the seller actively concealed the defect or failed to respond honestly to disclosure questions.

Given the findings and the seller’s explanation, I’m concerned that important issues may have been concealed.

Inspectors are limited by what they can see and access without opening things up—which sounds like what you had to do after the freeze.As for legal action, you're right to be cautious and explore your options, especially if there's any indication the sellers may have knowingly concealed major defects.

Further evaluation may reveal concealed damage and other related water penetration issues.

Yet another reason, (albeit not in the top three) why all rental property should be in an LLC with a wife or child as a partner (even .1%) so as to file the Form 1065.Number 1 is liability protection, Number 2 is privacy, Number 3 is ease of transfer for estate planning, Number 4 is possible sale of the LLC to conceal sales price (also called drop and swap), Number 5 is having a single entity for financial reporting, Number 6 is brand identity.