For example, forming an LLC in California costs $70, but California LLCs that make $250,000 or less must pay an annual tax of $800 — and California LLCs that make more than $250,000 must pay [additional fees](https://www.ftb.ca.gov/file/business/types/limited-liability-company/index.html#:~:text=If your LLC will make, of the current tax year.) ranging from $900 to $11,790 per year (depending on the LLC’s annual income).On the other end of the spectrum, Arizona LLCs have no annual tax and only a $50 filing fee.

We have clients that are all across the spectrum when it comes to their investing knowledge and the stage of their journey.

@Marcus Brown the term “prefab” covers a wide spectrum of build quality from poor to high end.

Brooke BrannenMcIntosh Realty Team- Buyer's AgentShe is a good agent, upper spectrum of locations.

Quick answers: They are looking at the whole spectrum, and my intent is to help them understand their budget.

There is definitely a spectrum and personally if I had to choose I’d rather be in a market that has consistently over a long period of time, even through the ups and downs, seen significant appreciation.

@Jack Taylor - if you are more of a visual person, here are some diagrams that might help you further on this quest: Asset Protection Decision Diagram - to help assess the need for asset protection, and what to implement: https://www.biggerpockets.com/files/user/CosIorg/file/asset-protection-decision-diagramAsset Protection Onion Diagram - what, when, and at what cost one should implement in terms of asset protection - https://www.biggerpockets.com/files/user/CosIorg/file/asset-protection-onion-diagram-v2What is needed for complete asset protection OR the domains that need to be intersected to find asset protection - https://www.biggerpockets.com/files/user/CosIorg/file/asset-protection-spectrum-diagramHow a fully implemented asset protection layout might look. - https://www.biggerpockets.com/files/user/CosIorg/file/asset-protection-structuresIf you want more details, from an investor perspective, PM me. 

By "keeping things looking positive" and "blowing sunshine up their wazoos to make them feel good" or talking about things as they are, good, bad, or elsewhere along that spectrum?

There's different ways to look at the risk spectrum with the different options.

Hearing that you will also be able to purchase an additional rental property with CASH is also exciting.Personally, I'm a bit lower on the risk tolerance spectrum.