When you reach the point of having assets with equity and/or cash flow to protect, and you implemented/exhausted all the other means of risk mitigation (insurance, umbrella insurance, proper property management, etc.) than you can complicate yourself with more elaborate asset protection structures.

However, if you continue to be consistant and learn from what isn't working and implement new and improved strategies, then you'll greatly increase your chances of success. 

@Jon AllenThe implementation of the LLC under the umbrella of the IRA does not change the rules in any way. 

If not, is there any threshold you see for a portfolio to justify implementing this approach?

I love the idea of a comprehensive “new tenant handbook” and will definitely implement that with future tenants.

He gives his tenants 3 options at renewal time, 1 year, 6 month and M2M and each has a corresponding price, which I now implement.  

Now, since BRHP has implemented there "opportunity areas", all first year applicants can only apply in certain areas in the county(ie Parkville, Towson, Lutherville, Catonsville, etc).

I am seeking any advice I can get about how I can begin implementing my strategy.

First comes the idea, then faith in it followed by the implementation.

@Jasper Cooper There may be some things that could be implemented along the lines that you suggest, depending on how your real estate investments are currently structured.