White ceilings, semi gloss white trim, and a very pale grey on walls.It simplifies repainting, and purchasing paint.

ReSURE seems to be a firm which can help me streamline and simplify all of this.

This is why I posed the questions, just to spark some ideas from different investors when it comes to the subject of Buy & Hold, because I feel like there's so many different opinions and strategies, yet so many simplify the process.  

Nevertheless I know they need to simplify all this as they have a bunch of LLC's both in FL & out of State.And they did also recently get an umbrella policy.   

to protect before it makes sense to spend that money - compare that with how much you spend in annual insurance for the same property/equity (on the same FEAR principles, just in case your property might burn down).Again, this is a simplified rule of thumb, as there is a lot more to the LLC question - when to do it, how to do it, current mortgage, proper transfer to preserve title insurance chain, DOS, future financing, management, distribution of properties per entity, insurance, partners, etc. - stuff barely touched in current thread.There is no one-size-fits-all - the risk threshold is a subjective measure particular to each individual.

Assume rents are mostly static and cash flow will remain largely the same over a 20-30 year period.This is a simplified version of the dilemma I am having on whether to take a private lender up on his offer to loan me $65k and wrap it into an existing contact for deed.

The insurance agent I used got the umbrella insurance to simplify things and also make it cheaper.I originally got insurance for my cars, then insurance for my home, later on insurance for my rentals.

I'm a visual learner and this book graphically illustrates and somewhat simplifies the code's language. 

I liked the benefits described here: Advantages of Land Trusts1) The transfer of property is much easier than a LLC2) Offers privacy in terms of transferring interests3) Offers privacy of ownership4) Avoids transfer taxes5) Simplifies property transfersHowever, I would add a couple of others:6) A land trust does not require a EIN or tax return.

Kiyosaki inspired many, but has gotten very negative over the years and constantly talking about the next “crash” and how everybody else is “stupid”.BP seems to have made what they essentially started, and simplified it so that everyone can understand it.