You can still lose your investment in the LLC.

As a matter of fact, you might be losing future depreciation by accelerating it now. 

.--- Tenants can still lose their keys outside their home:(

.- They often get sold Class C or D properties while using Class A assumptions - then wonder why they are losing money.Here's some copy & paste info that you hopefully find helpful:-----------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

On top of that wholesalers by and large are very inexperienced and or pretty slick.. this is a perfect set up to lose money as well.  

Con - lose any possible property appreciation over the next two years.

This requires consistent oversight and experience, which most investors simply don’t have.The Bottom LineIf you want to lose money and risk expensive legal fees, go ahead and self-manage.

You can lose money on those deals. 

Wrong Property Management ApproachIt doesn’t matter how good the people who are doing the property management are, if they are not using a property management approach designed for co-living, everyone loses.  

One bad tenant can lose you several good ones if not dealt with.My leases are written in common language.