@Justin Koehn @Tyler BlackwellFlipper here as well, primarily in Pierce County but also in King and Kitsap. 

@Shane H. and @Adam Pierce, former OC guy here.  

But while I do agree with the "corporate veil" concerns and value from an LLC, it is not clear to me if that is pierced or becomes an issue if the original funds are written into the operating agreement a the member contribution.

I am a Seattle-based investor/broker and have been spending quite a bit of time in Pierce County.  

@John Thedford I guess my question to you is have you ever seen this method of asset protection have it's "veil pierced"?

If the corporate veil is pierced, then your personal assets could be (please don't read that as fear - I'm not saying that they will be - only that they could be)  in jeopardy, so if you have anything to lose, just make sure you properly maintain your entity no matter where you file it or how you do it.

Both are accustomed to piercing the corporate veil and stated that without setting each up properly and then running them properly, you will get screwed by any competent attorney and it will be a lot of expense and hassle for nothing.

@Justin Pierce "When interest rates return to normal, and they will.

I have saved up about 20k in my saving but still ready to 'aim'and 'shoot' mode for my first Real Estate investing property.I am interesting in 2-4 units rental properties closed to Pierce county area and will have to use a 'dependable and trust-worthy' property managers to maintain my properties since I can't be a full time landlord/Realtor/management due to my work environment.I am a fresh 'newbie' as it can get since I have what-so-ever no experience in RE and want to build a strong network and find great mentors and friends so that not only I can learn but expand my knowledge and understanding of RE.BP has taught me the great knowledge of RE, what it takes to be a RE investor, what to avoid and cautious, and tons of extra information that I greatly greatly appreciate.

The good things is that the lease expires end of the month and haven't yet renewed the lease.The rental is based in Pierce County/Washington.Here is a couple of questions I have:1.