If someone injures themselves and sues, they will be suing the LLC and not you personally.

You have absolute liability over your real property, which means that if someone is hurt you will be liable for their damages, not having a business practice exclusion in your lease may be presented as negligence in court, with you being a sophisticated landlord/investor/business owner and your renter aswell as the injured daycare student being portaied as victims of your negligence. 

You can also buy a general liability policy which will protect you in the event a tenant is injured on your property and you are found liable.

Hey Guys,Long story short I was injured at work a few years ago and I have nerve damage in my arm so I am being retrained from workmans compensation for a new career because I can no longer work in the construction trades industry.I want something to do with real estate but I do not want to be an agent, I was thinking about going to school for Business at least for general education just to learn basic skills.I would like to invest in real estate property of course for my own pleasure and I will do but if im getting schooling and training ALL PAID for and paid while attending I might as well use it to my advantage.Workmans comp is also willing to place me at any job place that is willing to train me and pay the same as I used to make, so do you guys have any suggestions of organizations that I can advance VERY HIGH over timeI was thinking developing , what other career choices can you guys throw at me?

It names you as additional insured; covers their belongings and some liability if someone is injured.

What if they "injure" themselves while doing work on your property?  

People get injured, die, etc)What happens if he can't come up with the ongoing costs of a project?

If you don't have a means of escape and someone is injured or killed, things will get ugly.

If fraudulently filed then bank is injured party.4) Show me the note is the strongest offense - it is not a theory as some have indicated.

Draw out enough cash to buy another, and build yourself a rental income base that at least meets your personal monthly living expenses in case work slows up again or you get injured.