If you can stomach losing $250k then you should have 2 LLCs.

The reason so many here can't stomach these kind of returns is because they're starting from scratch and require high cash-flow to fund future deals.

One of them also had the added burden of a pregnant wife who couldn't keep anything on her stomach.

***Warning: Graphic images, not for the weak-stomached.  

@Corey M.The accreditation thing comes up because the fed. government has safeguards in place to help prevent novice investors from losing more than they can stomach. 

Most new investors want to take on a renovation project to force appreciation, sometimes it isn't necessary to do so or they really don't have the stomach for it, which is ok, you can find properties that cashflow without the need of a renovation, you'll just have to search a bit longer or in an area other than where you initially intended to invest.

I cannot count the number of people I have seen exit this business because they just don't have the stomach to handle it.

Needless to say, my stomach dropped.

Having been in many, many lawsuits as a title, trust and estate litigator, fiduciary  and essentially as court appointed receiver, (but not informally) I can tell you that most lawsuits get settled when one party gets tired of the cost of discovery or the other burdensome pressures of litigation for those who can't stomach it.Without giving advice, most very successful, active investors create a SPE for the purpose of acting as trustee and then separate trusts for each asset.

Your stomach will hurt from laughing so hard.