To LLC or NOT to LLC?

[Phil Clark]

Investors, I am in a quandary. There is a lot of conflicting information and strategies on finance and entities and pass throughs and holding companies that I am getting more confused that educated. 

I reside in California, however my investments will be our of market simply for price of entry reasons. It is critical for me to have asset protection in place, and I wanted to ask you all:

"If you had to (got to) do it again from the beginning, how would you set up your structure?"

After reading and listening it seems having some version of an LLC for each property created in the same state as the property, then they all flow into a top level Holding Company.

So, what would you do?