Quote from @James Wise: Quote from @Bruce Woodruff: Quote from @James Wise: Thought this was interesting....Trump may withhold aid due to LA's water policies.About time.

Looking for quick legal opinion, at a high level in Ohio.  
Problem tenant, 3 month in a row of paying egregiously late.  Base rent is $1520.  Late fees are 25/day per the contract.Rent due the 1st, late as of the 4t...

One bad tenant or setback and most are looking at a foreclosure or a never ending cycle of bad tenants because they're struggling with holding costs.Each angle has risks and benefitsOOS - low barrier to entry and able to better absorb those newbie lessonsLocal in CA - notoriously bad for businesses and landlords, high barrier to entry.Some do very well with OOS investing and some do well locally.

Understand Your Legal ObligationsWhy: Tenants may have the right to withhold rent, repair-and-deduct, or terminate their lease if repairs aren’t made promptly.How:Review local laws for habitability timelines (for example, in California, landlords have 30 days for major repairs).If repairs exceed legal deadlines, consider offering a lease termination option to avoid claims of “constructive eviction.”5.

Rent Striking is ILLEGAL - Tenants can't withhold rent because they broke something and never tell me. 

It’s extraordinarily unethical to promote some image of yourself acting like a financial genius, when you’re clearly withholding material information. 1) Your page is full of bots, so most of the engagement that you’re receiving is driven by bots.

-I am thinking about establishing a REIG Parent LLC with holding LLCs for each property in order to protect assets and establish a business presence/history that would appeal to potential future investors.Questions:1) Should I start the LLC now or wait? 

If there is mismanagement you probably can withhold payments to the HOA until it is straightened out.

It is more so a top down mandate from brokerages.While it doesn't happen it at large, it is happening more often the past 2 years or so when I ask directly why the withholding.

Just have your lawyer contact them- they have no legal right to withhold funds or documents, those are your property.