So the financial institutions get a better return  on there losses.

If there’s a lawsuit or financial risk associated with the property, the LLC structure helps limit your personal exposure by acting as a liability shield.

My goal is to acquire cash flow to help relieve some financial burden and increase options for future buy-and-hold investing.  

My background as a prior military member has instilled in me a sense of discipline, strategic planning, and a keen understanding of risk management.While I’m aware that financial contributions are often key in partnerships, I’m curious about what other skills and perspectives I can bring.

I found this property on the MLS, after falling out of contract last minute due to buyers financials. 

We travel there when we can and bust out projects but winter is coming and reliable teams are hard to come by (not to mention the financial concern).

Hi Rena, gr8 way and good entering point to resolving financial issues. 

Out of 2,500+ investors we have as clients, only a small handful invest as an LLC.I could see the point to an entity if a group of family members or friends were pooling their money to invest in a syndication or several syndications, but outside of that scenario I don’t see the point to it.But don’t listen to us, get competent legal and accounting advice from those licensed to give you proper advice after evaluating your legal and financial situation and risk tolerance.

Make sure you get the sales data and ask where this store stands financially in the region. 

I believe they ignored it in large part because they financially benefitted by advocating that STRs are recession proof.