The need for an LLC is grossly exaggerated on BiggerPockets and other websites.

The need for an LLC is grossly exaggerated on BiggerPockets and other websites.

The need for an LLC is grossly exaggerated on BiggerPockets and other websites.

Or Elon musk doesn’t really factor into Tesla  It is because it's being exaggerated so much as it's discussed widely in social media , while the data showing it's almost meaningless.

The need for an LLC is grossly exaggerated on BiggerPockets and other websites.

The need for an LLC is grossly exaggerated on BiggerPockets and other websites.

Maybe I was not looking hard enough or maybe they were ... exaggerating.

Further, the "side by side comparison" provided by ibuyers is clearly not a true comparison but a greatly exaggerated sheet meant specifically to make their offers look better than they actually are.Comps - the average wholesale flipper is typically not inflating the buy price to make it look like they are paying more than they actually pay for homes.

The need for an LLC is grossly exaggerated on BiggerPockets and other websites.

I don't have experience with renting to a sober living company, but I assume that they make a killing.These sober living and assisted living facilities are always showing up on Loopnet advertised at a cap rate of anywhere from 8-25% (not exaggerating... there are several in my area right now with a ~20% advertised cap rate)With returns like this, I can only assume that these types of properties are very high maintenance and labor intensive.You're not looking to be the business manager though, you are just looking to be the landlord who leases to the company who runs one of these lucrative operations.