I want to lay a groundwork for how I explain asset protection, but I want to highlight Pillar 3 and specifically the Series LLC to you.When meeting with clients the first order is to discuss (A) their personal assets, (B) break down their current investments portfolio and other business ventures before discussing any (C) future goals.

Your partner(s) are your foot on ground doing the ground work and you support the team remotely (analyze deals, review documents etc). 

That being said I’m guessing there is lots of ground work for my wife and I to avoid the pitfalls of long distance investing.Any resources you recommend?

This will give you the ground work for all of the extra expenses that you need to look out for.

Spencer and Kristie reached out to me and my team on Bigger Pockets, they had done most of the ground work and research prior to contacting me so by the time we met we honed in on some great opportunities that would work for them and executed on the best one for a successful close!

Spencer and Kristie reached out to me and my team on Bigger Pockets, they had done most of the ground work and research prior to contacting me so by the time we met we honed in on some great opportunities that would work for them and executed on the best one for a successful close!

So if you can provide the groundwork to create a large offering, you'll have something these larger funds and investors can sink their teeth into.

I am still in the "education" and "building capital/credit" phase of my journey, but am looking to get an action plan in motion as well to lay the groundwork for a series of tasks, goals, and milestones to eventually achieve financial independence using this method.My girlfriend is also very interested in doing this.

I mean how many agents are going to be on your dream team when your capacity is to buy one 70k house in the mid west and hope to rehab it.. and want them to do all your ground work.. time suck for agent.. that's for sure. 

It was a necessity for me at the time and it laid the groundwork to where I am at presently.