When networking on BP or in person, being clear about your goals will make a big difference.Are you mainly interested in finding rental properties, connecting with other landlords, or exploring specific asset types?

I love being able to turn personal properties into rentals as they required a small amount of cash for a large asset to have someone else paying off.It really depends on your long term goal, but ours is to use these "retirements baskets" into reasons that early retirement at 44 is successful! 

Asset class, price point, distress vs turn key, cash flow expectations/desires, etc.

I personally like working with a broker because I know they are helping to vet the insurer and making sure that I am not missing key pieces of coverage.That said, from my understanding of the insurance markets basically different insurers like to spread their risk out across geography and asset class.

The simple way we do things is we have an entity and our assets are in that entity.

What they do is hold a certain amount of their portfolio in liquid assets (for example public REITs).

If you convert the garage, you lose that as an asset to the home and a future home buyer.

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You create LLC for asset protection and has nothing to do for writing off expenses.

To me they really are just two different types of assets in two different types of markets.