This isn't for everybody and you do have to pay attention to market conditions to protect your capital.

When our tenants tell us that they are going to be late we let them know that we are going to post a 3-day notice like we always do because we have to protect ourselves and our owners.

Two Years, Eight Figures, and a Very Steep Learning CurveMost people think being a general contractor is about tools, trucks, and telling people where to put walls.After my first two years actually running a GC company in Indianapolis—and managing eight figures’ worth of construction at Off Leash Construction—I can tell you it’s much more about:• Managing risk• Communicating clearly (and constantly)• Saying “no” when it would be easier and more profitable to say “yes”• Protecting investors from their properties, their budgets, and sometimes themselvesI didn’t grow up dreaming of being a general contractor.

These coatings can be applied directly to existing drywall or surfaces and expand when exposed to heat, creating a protective barrier that helps meet required fire ratings without tearing open walls or rebuilding structure.

Not looking for handouts — I’m looking to learn the RIGHT way to structure this, protect the lender, and move forward responsibly. 

They pass some very preliminary information on to a lender concerning a loan the lender has seen from 4 other brokers, and want you to “protect” their “3 percent” fee.The Legal Expert - This “expert” wants you to sign an 18 page NDA agreement; agree to give them a 6 month “exclusive” for “finding” deals; and wants you to sign a lender - broker agreement of 82 pages.

FMV of 260 will help with your cashout, but not with the depreciation as the basis from your dad carries over.As for structuring your properties, putting them under an LLC is often beneficial for asset protection.

From now on, enforce every deadline consistently.The issue isn’t the tenant; it’s the habit that formed.The solution is mechanical:Rent not received by the due date → Serve the 3-Day Notice to Pay or Quit immediately.No response → File.Payment arrives within 3 days → Accept, document, close the notice.Payment arrives after 3 days → You can choose whether to accept or proceed.In CA, consistency is your best legal protection.4.

Good Subject-To structure = keep control.Most investors protect themselves by:• Never transferring deed immediately• Using performance-based agreements• Keeping the ability to evict for non-payment• Using a land trust or contract that preserves your remediesBottom line:If structured correctly, yes you can remove them through eviction like a normal non-paying occupant.If structured incorrectly (deed transferred), you may be stuck doing a full foreclosure.Your Comment: "If they don’t have a recorded deed, they’re not the legal owner."

Long-term tenants protect your maintenance budget.Every move-out triggers painting, patchwork, deep cleans, and general wear.