After assessing the property’s potential, we negotiated a favorable purchase price of $21,000, ensuring room for profitable renovations and a solid return on investment.

There are also nonzero probabilities of having special assessments for a medium-term horizon. 

@Kyle Weinapple Search this forum for "LLC insurance asset protection"You will find dozens of prior threads where this topic has been debated to death. 

@Gavin Sorensen, like Henry noted, this is impossible to assess.  

For example, they'd pull 4 of 5 payments for a borrower from the same account and then blamed the borrower for not checking to make sure the payment was pulled before a late fee was assessed.

@Mann Phan When you went to buy you should have done an analysis of a few things; market for property value basis and market in general - rental market and viability of that - CAP-X, to assess exactly where everything in the structure is at, how much life left, and formulate what impactors are potential to come and how soon. 

All the way to smaller things like if it has a drive way or not even though you provided in person videos and pictures of the property for their assessment (never mind the actual listing for it or what shows in their own system).

Assess first if you really need asset protection, before you get yourself into complicated and expensive structures. 2.

Mortgage rates declined to their lowest levels in over a year, a sample of more than a dozen industry professionals said they were quoting most borrowers in the high 5% to low 6% range on government loans and in the mid-6% range for conventional mortgages.

Maybe corporate flippers, or some that have dozens (at least) of flips under their belts.Why would material suppliers give a discount to a first time flipper?