1000% consulting with an attorney this question if protecting assets is the key purpose here.

Good old Uncle Sam.For most folks in the US, taxes are anywhere from 30-50% of their gross income every year.To protect yourself, you should do 2 key things.1.

Here's a guide on how to screen tenants.I recommend you include some of your key qualification criteria in the advertisement.

I would be willing to risk a higher price point to acquire the "ideal" tenant, however.I understand that putting in the time and collaboration with like-minded investors is key. 

Key neighborhoods to look into include Avondale, Crestwood, and Highland Park—these areas have seen growth, attract young professionals, and offer solid rental potential.You don't have to visit in person, but it can help for peace of mind.

Also, property management is key to make it truly passive.

Being realistic, conversions to actual bookings are typically low.However, doing your research on potential travel influencers is key and understanding their packages & deliverables.

So it really comes down to how each investor analyzes risk -- the key for those who are passive is --> make sure you account for the risk.

Good old Uncle Sam.For most folks in the US, taxes are anywhere from 30-50% of their gross income every year.To protect yourself, you should do 2 key things.1.

@Jennifer Taylor Your structure looks solid, but here are key considerations:LLCs: Keeping each property in a separate LLC is good for liability protection.