., multi-family, portfolio lender, flipping, self-directed IRA, wholesaling) but having bought a home that turned into an investment, I was exposed to property management, tenants, and the tax implications of now owning an investment property.It started several years ago when I purchased my home (townhouse in another state) and eventually moved away, which in keeping turned into investment.

Many of the methods he pitches buying properties are in the older areas of financing, and seem to leave the investor pretty exposed financially.

Thanks@Scott Harper I'm a sucker for exposed rafters. 

Things like broken windows, rotten wood, peeling paint, exposed electrical wiring, etc. 

Or do you prefer to place it at the end of the counter to allow for a continuous counter with perhaps part of the stove exposed at the endHere the stove it in the center of the counter with minimal continuous counter space.

Where they have been exposed to a lot more information and have a much better feel for the market and the deal they're about to get into.

With notes, you are exposed to lawsuits by borrowers. 

Most seller financed note holders are doing servicing, when they probably shouldn't be, but they try to save a dime.The difference between an entity and an individual is that the individual is exposed to more life occurrences, death, divorce, incapacitation they become ill, go to a nursing home, go nuts, bankrupt, get sued, they have other financial obligations they must meet, their prize dog needs surgery, as Jay mentioned, the grandchild needs a good attorney for a drug charge.

After we bought the house, we completely overlooked that the house had NO HVAC OR ELECTRIC HEAT AT ALL, only had a propane heater in the living room.

LLCs add protection to assets that you do not want exposed to the risks of RE investing.