@Frank Chin sorry to hear of your unfortunate circumstances- but you did an excellent job illustrating the benefits.

The comments above are strictly for illustration and not meant as advice.

Here's a few:7" thick dictionaryLate 19th century illustrated bibleWWII Japanese rifle with bayonet and sabre100+ year old coins2 foot carved wooden fork and spoon

@Ben Leybovich I think that illustrated your point very well!

Let me explain, $35k is enough to do a small flip as in this:$120k ARV$64k purchase$20k repairs (70% less repairs)My main lender will fund 90% of purchase, 100% or rehab net of the 2.5% origination,so you'd need: .1 of $64k = $6400 down payment$2500 minimum origination feeCall it $2k for closing costs and insuranceSo to buy it you'd need $11,000They'll release the $20k in 3 draws so you need $7k or so to get to each one (this doesn't really need to be cash, but good for illustration purposes)Then you need to have 6 mos worth of interest only payments of $840 plus utilities, etc. 

I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See DSCR ratio example below:DSCR < 1Principal + Interest = $1,700Taxes = $350Insurance = $100Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250Insurance = $100Association Dues = $25Total PITIA = $1875Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23Lender terms and fees vary widely.

I've never heard of a scenario where that has happened and was hoping you might know of one that you could share.Your argument does not illustrate why there might be an advantage to paying a high priced lawyer to set up a complex entity structure instead of just paying for a significant amount of liability insurance.I could get in a costly car accident anytime I leave the house.  

I think it illustrates the importance of talking to a few HVAC technicians (not just one) to better understand the whole cohesive picture on a property-by-property basis.

I am illustrating that strs are good for all the parties involved including a third party that is often disregarded in these discussions: the cleaners and other professionals I employ.4) again, you clearly do not own a str and yes, you made up that number.

Does anyone know the answer to Alex T. question where he posted illustrations of a blue, orange, and green foundation?