If your goal is to separate your business assets from personal assets...to protect you from getting sued, losing, insurance not covering the difference, and failing to settle...then your business LLC/land trust should accomplish that.

Thank you Mark,Are rents able to be adjusted to cover the cash flow of a mortgage, insurance, and other fee'sWhen i was looking at some four plexes the rents seemed to low to cover the expenses, but that was a year ago, I assume maybe the values have dropped.

Now why did I cover three stories of asphalt shingle with beautiful white vinyl?

For the record, the umbrella covers five homes: three rentals (with a net value of just under 100K), our primary home, and our cottage.

I have a situation that I am in need of help. I want all opinions. Can you please tell me what your thoughts are on my situation? This is my deal and I am not working on it for a client. I'm in need of verbiage for a ...

In fact, you could put them all in one LLC and get a commercial loan to cover them all.

Is the rent just not covering the loan/expenses?

What screwed it up was the housing prices droping and all the sudden the homes they foreclosed on weren't bringing enough at auction to cover the loan and they couldn't get it from the mortgagee because they wised up and filed bankruptcy.

What are the best web sites that provide tenant-screening services, and how much do they cost?

Even then in today's market, it's still hard.One thing I would have done differently from when I went full time is setting up enough passive income streams to cover my living and business expenses each month.