Bill Gulley  Great Advice; as a new RE agent, I am both excited and fear knocking on doors and hearing "NO" after "NO" but I know that one "YES" will erase all of the previous agony.

My name is Jeffrey Pierce and I can't even begin to tell you how much this site has informed me with information.

You also must observe the corporate formalities or the corporate veil may be pierced and you may become personally liable. 

But if you are personally operating an LLC, that veil will be pierced quickly by anyone who wants to try.So really the utility of an LLC is to provide some level of protection for personally-owned assets due to legal issues arising from a passive investment activity.Do you have significant personal assets?  

The OpA generally won't be the issue, other than making poor elections, but piercing the vial stems more often from under capitalization, comingling funds, improperly executed documents or poor management in maintenance of the LLC, these issues are a reflection on the managing member.

I've used Mike Pierce of Pierce Law in Hyannis this year for a commercial tenant eviction.

The Pierce and King county are held online. 

If not, then what percentages are other REI's typically realizing when purchasing SFR and/or 2-4 unit properties in King, Snohomish, Pierce counties.Thanks in advance for any/all feedback.

Texas also has a charging order as the exclusive remedy against a members interest and expressly limits piercing of the veil to much more restricted circumstances (actual fraud is the big one that allows piercing). 

@Justin Pierce I'm definitely interested in meeting up.