Early stages in our quest to become real estate investors, and we have been pre-qualified by a lender in our home state of CA.

For example at what stage of your life and or what financial position you are in does the cost make sense to protect your families assets?

As I am entering the beginning stages of owning multi families, I am looking for advantages of putting properties in my name or should I use a separate LLC for each property?  

does it make a difference if it's an elementary or high school?

This area also happens to be inside one of the TOP school districts in the area, and it's about 1.5 miles from the elementary, middle, and high schools. 

I'm pretty sure it's annual unless otherwise discussed and I know that private lending deals are whatever you negotiate but thought I'd check at this early stage to make sure I'm on the same page as more seasoned private lenders.

I don't see these larger MF valuations as being sustainable by any stretch, especially given that 500 additional units are in various stages of development and we aren't silicon valley cranking out IPO insta-millionaires.

I’m not sure that, at this stage in my investing career, having a ton of equity is very valuable.

(Which is what I'm kind of already doing getting everything fixed in stages.

@Seth Borman This is the primary estimating stage to determine if it's worth it to walk the property.