And this next go-round, keep your baseline expectations firm as far as screening; proceed with the full spectrum of screening (an option that lets you pull not only their credit score, but also a full breakdown of their credit history, and also includes a nationwide criminal background check, sex offender registry list, and eviction history check).

So if there are any errors they should be easy to get back.I've done both ends of the spectrum.

@Austin Largusa I think voucher tenants get a bad wrap...I've had them pull in the driveway in a broke down van with 7 kids running into a 2BR apartment screaming like maniacs...and I've also had a nurse with a disabled son that received housing assistance...there is a huge spectrum.

I know I am on the kiddie pool side of the spectrum but I have to at least attempt to take my shot.Originally posted by @Tyler Hardy:@Ahsan Harriel I would go with Lee on this one.

I would not suggest to look into establishing LLCs and asset protection strategies till you have at least $100-300K in equity and only after you covered properly the "other" aspects of risk management (insurance, umbrella insurance, proper property management, etc.).Here are some diagrams to help you on this quest:All the domains that need to be aligned/intersect for asset protection diagram:https://www.biggerpockets.com/files/user/CosIorg/file/asset-protection-spectrum-diagram - What is needed for a complete asset protection OR the domains that need to be intersected to find asset protection.Diagram: https://www.biggerpockets.com/files/user/CosIorg/file/asspro-onion-diagram - The layers of asset protection - what, when and cost.

⬇️(TEXT FROM Spectrum REI)⬇️" This is Nick from Spectrum and I'm trying to connect with you in regards to the $150k REI Lines and $2 Million in Real Estate Private Money you are qualified for.

You might want to adjust your theme of odds of getting low ball offers accepted to be more focused on settlement prices relative to asking prices.Similarly, your story could be titled around the theme of the effect of asking for a higher price as the same data appears to support an analysis across the pricing spectrum. 

@Tristan ColborgI'm on both sides of the spectrum.

After 11 years of being on the extreme side of the "my boss controls my life" spectrum, I am looking to move closer to the other end in my next career move.

I wanted to come back to this topic because I just have so much experience from all sides of the spectrum.