How long it takes to be financially ready is different for everyone.

Originally posted by @Moises R Cosme:Ugh, my heart goes out to you guys; California is a completely different world.   

A friend of mine in San Antonio had a similar situation.. she inherited a vague commercial lease and learned that the rules differ big-tiime from residential.

The irony is most who post in these forums about entity formation and asset protection are solely concerned with preparedness for when claims arise without understanding the true ramifications, don't know the difference between being a certificate holder and additional insured status,  what indemnification means etc.

How long it takes to be financially ready is different for everyone.

If you want help structuring a scope of work or exploring different financing options, feel free to reach out—happy to offer insights!

If you are a buy and hold investor and have no plan to force equity that is a different story.

You will also need different levels of staffing to support the various strategies as you are already realizing. 

They will be able to walk you through the different scenarios with real numbers. 

However, in any civil judgement, collecting is a different story.