THE DETAILS: The house started as a 2 bedroom 1 bath house and once we got our hands on it we completely gutted the kitchen and the den and added a master suite in the den area and completely renovated the kitchen.

That does not mean you have to go through with the suit, but may convince the seller to honor their obligation. 

I believe they've got a great following on instagram.

The LLC structure provides both privacy for you as the owners (retention of some sensitive information, such as your other holdings, assets, etc. in the event of a legal situation), and acting as a shield against both legal suits, and prying eyes who may wish to look into other assets you might hold.You also want to avoid your umbrella insurance being hit with a suit, should it arise.

The other issue is that BRRRR is usually more suited for lower price areas, like the mid west, as adding 20% in value is much easier on a 50k property, than it is on a 500k property.

We used standard contracts, but there may be contracts more suited to wholesalers.  

Maybe others will follow suite as well.

@Matthew Lindsey in general, I normally just vacate the unit and let the existing tenant find a new place that suits their needs.

As you experience, grow, and learn more, you'll have a better understanding of how things work and what ventures may be best suited for your personality and lifestyle preferences.

Tell the tenant to feel free to file a small claims suit against the neighbor.3.