Looking for some input from investors who’ve dealt with this before.I’m reviewing a property where the MLS/floorplan square footage and layout don’t match the county assessor records, and parts of the home appear to be labeled as additions.

Was it an addition, remodeling or something else?

Does the survey reflect the new addition? 

For example, that they had something heavy to move and needed to park in the driveway temporarily to load/unload and that the landlord had allowed that when moving in so they thought it was "ok. 

To my way of thinking this is TRADING more than investing; and not a SUBSTITUTE for long term equity buildup type related estate holding but an ADDITIONAL investment play.  

On the surface this sounds great, right up until you want to unload one of the properties. 

I’ve got a portfolio of 4 properties I’d like to unload.

Just now I have to pay for termite fumigation on my home, so that says it all after running on the numbers on each rental and situation. its logical to unload the vacant rental to ensure i can have reserves not just for rentals but also for my home and family. i see you are a CPA, i would like to chat with you more if that's okay.

As part of this, properties are increasingly requiring additional repairs or improvements to meet compliance standards before they can be rented out again.

This offers the most direct protection for each business entity.For personal assets, a separate personal umbrella policy is ideal for additional protection outside of your LLCs.