I would agree with the BP members above that you should sit down with an attorney and estate planning professional to discuss options, as you sound like your portfolio has several very unique needs, so the best solution for your situation would be a more personalized protection plan and estate plan.In the end there is no "perfect" way to legally protect your assets, as liability can be attached to you if you benefit from a property - so your ultimate goal is to create as many stop-gaps as you can to prevent lawsuits and slow them down.

Will depend on several factors like the type of property, type of tenants, your risk tolerance, other assets you own, your estate planning, laws where the property is located, etc.Any lawsuits would be limited to the assets of the LLC and not your personal assets (assuming you run the LLC appropriately and the corporate veil is not pierced).

Hi all, Looking for information on how to rent out an in-law suite in Malvern PA.

You have to decide on a sales price, when ownership changes hands, who pays what taxes, what if they run the business into the ground, what is the place burns down, what if someone gets injured and their is a lawsuit, what if the owners pass away or decide it's too big of a project for them.

I also look for lawsuits and see what happened in them.

They know the laws and uphold them to protect you from lawsuits.

I don't know how to force my HOA to do anything beside a lawsuit.

First, Unless MN is different then 90% of the US, You do not 'own' the HOA, The HOA is a legal entity created at some point in time. you may have controlling votes in decisions when the HOA brings then to a vote, but unless the document created at the time of the formation of the HOA says something differently you are just a unit owner many times over.Second, Depending on how the HOA was set up, The HOA may be under the Direction of a Property ManagerThird, You must follow all Federal,State,Local laws regarding the HOAForth You must comply with all HOA rules  for each individual of your units regardless of how many you ownFifth while it might be enticing to go all Pirate King, remember you have to follow the HOA rules or you may be subject to fines and lawsuits or both (In MD there is a case in the courts where a renter had problems with the unit owner and the the owners of the unit are being sued separately by the tenant.

If it is true, would not having a PPM increase the sponsors exposure in a lawsuit in any way?

However, if the neighbor got bold and attempted to move the fence your mom would need to file a law suit to stop the neighbor.