This means that you will probably need to pay registration and filing fees in at least 2 states if you don’t buy CA property as a CA resident.Any lawsuits should be limited to the assets of the LLC and not your personal assets (assuming you run the LLC appropriately and the corporate veil is not pierced, some debate as to SMLLC).

Say they sold the properties over 3 year period and could not sell the rentals together as a portfolio.Could they put the money from each sale into a DST then use the total to buy a expensive rental property?

Get a 50% LTV loan and buy another property just like the one you own. 

The secret is deploying an unfair advantage and/or buying good assets + time.

But one of my clients has most of his portfolio out there.He buys cheap, renovates and rents out.

Quote from @Jimmy Chao: I am weighing some options to help my younger brother buying his first primary with a fixer.

I didn't buy it anyway.

It's either that, or try to buy 33 sq feet of land from one of my neihbors. haha...

I am buying a flip house from a wholesaler.

For me I would not buy a property with zero or negative numbers.