It's not so much to protect you once you got sued (since even with an LLC you'll still have to hire an lawyer and incur defense costs)(plus you can get sued for whatever reason, and you'll still have to pay to defend), but to discourage and make it harder to even start legal action against you, and to make it harder/improbable to collect if it comes to that.Now, looking at those setlements in the mold cases, a small fish hit by that is probably no longer an investor and member here...so I don't think we'll hear any "got sued and lost it all" response, but I still hope a bigger shark might share some from his/her survivor experience and how insurance and PUP/LLC/Series-LLC/Corp/Trust/LandTrusts/EquityStripping protected them.

Hi BP, I’m stuck and could really use some help, when dealing with code enforcement leads, witch status should I focus on most to find the most motivation: DOCKET INFORMATION:-Not held but resolved-Dismissed-Continued-Return of service-Voluntary Dismissal -Civil Complaint-Defendant Defaulted-Amendent Complaint FiledCASE DISPOSITION:-Voluntary dismissal-Finding and order-Agreement-Pending

I'm not sure it matters sending along comps and letters to defend your offer.

You can always buy title insurance - so you do not have to defend the title forever.

I've seen some of your other posts defending wholesaling.

In my professional career, which is insurance, I've seen and defended many $1M lawsuits, and paid them out.

For example, a surgeon’s patient may suffer a bad outcome and file a malpractice lawsuit naming the surgeon’s LLC, and the surgeon personally, as defendants.

As a military brat, my Dad did not by a "home" to after ALL 5 of we kids were out of the nest, most of us, defending the USA and FREEDOM.

LLC or insurance didn’t protect the cost to defend.

The only time I did not get coverage is on very short holds, flips, double closings as done in the old days as I could personally defend my term in title and sue the guy behind me.