Spent majority of my adult life (2 decades) working with adolescents on Young Life staff.

While all the posts have at lease some legitimate points, I personally believe camp 1 is missing the opportunities present to protect assets under US law mostly because they don’t either understand asset protection, or don’t want to bother with it, so rather than do a proper evaluation they dismiss it as something that won’t work to justify their unwillingness to entertain the idea.Camp 2 is deluding themselves - which delusion has been enhanced by charlatans writing books, giving seminars, and selling packaged plans all of which either attempt to hide your assets or hide the ownership of your assets.  

I rented out a 3 bedroom,  2 bath house to a family with two adults and two children. 

Quote from @John Underwood:He still to the day says this is the worse thing he has ever done in his life I was told many times growing up (and repeat hearing that voice as an adult).   

Most of these young adults have no debt issues or credit for that matter... two of them said they don’t even have bank accounts due to not having parents to sign.

There is fundamentally zero need for a bank to entertain a bid on an NPN from street level investor.  

If he were an adult, perpetrating a crime on a child under 12, I wouldn't touch it with a 10-foot pole.

Had very interested person who is an adult female almost 40 with no employment history to speak of (acting in plays, etc) but nothing for several yrs living with retired Dad. 

I know an investor  from LA who is in the entertainment industry and moved out to Waco but he is able to work remote.

Purchase price: $381,600 Cash invested: $531,600 We purchased this adult care home for $381,600 on the market.