@Adolphus Fletcher For multifamily investing, most real estate investors typically use an LLC for several reasons:Liability Protection: LLCs protect your personal assets from lawsuits or debts associated with the property.Pass-Through Taxation: Income and losses from an LLC pass through to your personal tax return, avoiding double taxation seen in C-Corps.Flexibility: LLCs allow for flexible management structures and are easier to maintain than corporations.Anonymity: In some states, LLCs can offer a degree of anonymity if you use a registered agent and form the LLC in a state that doesn’t require public disclosure of members, such as Delaware or Wyoming.S-Corps are should be avoided for real estate investing because of various reasons.

If not, buying something random and making one trip there for the inspection isn't going to cut it, and will not protect you from buying a bad deal.Can you pick a market within a couple hours of you instead?  

Make sure to thoroughly review the reports, including eviction history and criminal records, to protect your investment.

🎉This deal came with several benefits that we believe set it apart from traditional syndications:1.Low Leverage & Investor Protection: We’ve committed to a low-leverage strategy to protect our investors, which we believe adds an extra layer of security in today’s market.

This carrier essentially underwrites a package deal tailored to your business, bundling all your policies under a single umbrella, which could include General liability, Umbrella protection, and (obviously) property. 

How Can Private Lenders Ensure Flexibility While Protecting Their Interests?

I know it may cost up, but they will be able to add the proper verbiage/guarantees/escalations/protections that you may miss, and they will market it for you as well.The you have this lease available for you to use in the future.Gino

A cost segregation study with an engineer and audit protection can easily cost less than $5k. 

The lots themselves are located on a State Owned and Enviromentally Protected Lake, would there be extra considerations made?

We feel this doesn’t protect us from tenant damage (e.g., stolen smoke detectors, fire extinguishers) or cover costs for anything beyond normal wear and tear.