Liability Protection: Transferring to an LLC provides asset protection but may not always be worth the hassle or cost.Next Steps: Review your loan agreements, consult your lender, and get advice from a real estate attorney and tax pro to ensure everything’s compliant and beneficial.

My 2 policies earn 4-6%, I have full control of my cash, uninterrupted growth even when I'm using my money, creditor protected here in Texas and in most states, Tax free growth and I have a massive death benefit and long term care attached to it. 

This establishes the legitimacy of the arrangement and protects against audit risks.

Most importantly, to protect you, the investor.

So, there is even more risk.The things that you can do, include being properly capitalized, not be greedy, (in whichever way that may be defined in the county you are buying), know solicitation laws, know Dodd-Frank, the Consumer Protection Act, the S.A.F.E.

- Say you decided not to go all in on real estate, do you have confidence that your current nest egg would be enough to protect your retirement spend?

We typically have a specific criteria of contingencies we are putting into place within the purchase and sales agreement to help protect our investor clients from many of the issues that arise when inherenting tenants.

@Heather Luu first, make it more efficient by only worrying about deadbolts.There is actually very LITTLE additional protection a lock handset offers in addition to a deadbolt.On the properties we manage, we remove all keyed doorknobs and just use passage locks. 

I have heard that it's a good idea to form an LLC as an added layer of liability protection.

I have better luck with posting in the zillow rental section;   rent before you buy, live in a great property while you get yourself ready to finance a great home....Our business model;   protect the buyer or tenant at even our own expense.