I'm sure they also told you their systems will protect against aggressive attorneys and creditors and make you invisible so nobody will ever dare file a claim against you...it's all a money grab.If you are a sole proprietor I am putting my money on the fact a single member LLC in the state in which you live/own real estate will suffice.

Value your time and money more.

Quote from @Kody Smith: without getting too deep into my finances, what my strategy is...1. take loans to buy properties (leverage)2. fix/flip for day to day cash flow income3. use some of the fix/flip income to buy consistent cash flow through:- business acquisition, - commercial properties (MF and store fronts),I have no intention of doing ALL of the management myself, I will hire management as needed (medium term goal)my expected core role is money provider, evaluating the numbers, making decisions, and connecting with investors, wholesalers, lenders, contractors, and property owners.while I am just on step 2 of the journey, I am looking toward step 3 to stabilize, and not worry about if house prices drop mid project or not (or not worry as much) So to be fair this is more about obtaining and growing a real estate business not simply buying rentals for cashflow.

Brandon Turner does a great job going over different strategies in his book "Invest in Real Estate with No (or little) Money Down".

I’ve never actually been legally owed money before so I was green on how to handle things while trying to be understanding and respecting other lifestyles and career choices.

We also would love go learn more about tax savings and how go make the most of our money by continuing to roll our profits into new properties.

They put more money into the local economy.It will also attract all types of investors.

Plus with rising inflation investors are going to want to park their money in hard assets since historically it's generally a good hedge against inflation.

Could you work half as much and still make the same money? 

And when the company you're suing has shut down and apparently has no money, is it even worth the effort?