If you are in a neighborhood with a higher crime rate (C neighborhood), make sure to protect the AC units by putting a cage over them to prevent theft.

The goal was disguised as helping protect "the little guy" but it was really to keep FHA buyers out of higher cost desirable 3-4 unit properties in high-cost areas. 

Forming an LLC can be a great way to explore this and provide protection for your other assets.

If not probably good idea to install to protect your foundation. 

This probably provides an adequate level of protection for Freddie.It’s a concept that is hard to swallow.

My attorney advised me and my spouse to setup separate revocable trusts for asset protection but I'm finding that some financial institutions do not allow accounts to be held in title under more than one trust.

But if it’s more substantial, like protecting the floor and adding years to its lifespan, then it’s likely an improvement, which means you’d need to capitalize it unless you can use that safe harbor.

Yes, your parents can take out a HELOC on their paid-off home to help fund your BRRRR, but it’s smart to have a contract in place to outline repayment terms and protect everyone involved.

Also, if you have a slip and fall and decide to sue your LLC, you have added liability protection.

The strong consumer protections particularly with HELOCs in this State appears to be a knock-on affect of homestead laws.