I'm thankful that my parents were able to live the American dream before my father passed away, and that my mother has a secure financial future during her remaining years.Its difficult to get ahead even if you can speak English and are educated but how much more so if you are a poor immigrant.

These were difficult people. 

It’s really not that difficult a concept.  

Here are some considerations to help you evaluate whether forming an LLC is the right move for you:Advantages of Creating an LLC:Limited Liability ProtectionAsset ProtectionPotential Tax BenefitsConsidering and Difficulties:Finances: As you pointed out, it may be more difficult to obtain a mortgage for a property held by an LLC.

That is often the most difficult first step for investors, is to simply get started. 

On the purchase side, it's not so difficult especially if vacant at purchase. 

Is it more difficult to trace you as the owner?

Today, the property is worth $95k and I find it very difficult to do a cash refi or HELOC to purchase other properties because it’s in an LLC.  

We ALWAYS require a full month of rent for SD, but we also lose a decent amount of S8 applicants who can't come up with it.3) Delayed Advertising for Vacancies:- It is VERY difficult to arrange showings on occupied rentals, especially if Class C or S8 tenants!

It's an unwelcome encroachment caused by a neighbors' lack of maintenance or poor tree placement, but I'm the one that has to hire someone (at massive cost and difficult access) to cut deadly branches that are 100' up?