An LLC is useful for two things: anonymity and legal protection.

This technique seems to help avoid due-on-sale transfer issues and creates more opaqueness and anonymity around your real estate holdings, which helps ward off plaintiff's attorneys (makes you a more "hardened" target).

If a PM asked me to make a check out to them I would think it is pretty shady.Note: My plan is to set up electronic rent payments through rentpayment.com so I think this should allow me to remain anonymous from that perspective.Thanks in advance!

The operating company takes on all of the liability that would otherwise blow back on you including: paying property management, paying contractors, collecting rent, marketing, etc.5th pillar is owning everything anonymously.

The operating company takes on all of the liability that would otherwise blow back on you including: paying property management, paying contractors, collecting rent, marketing, etc.5th pillar is owning everything anonymously.

I've been doing a ton of reading on Asset Protection and one of the combinations I've come across is purchasing the property using a Land Trust and LLC.A Land Trust can provide anonymity on the Deed (so that the tenants, or anyone else for that matter, don't know who owns the property), but it does not provide protection against suit.

Could this be a case where we used a land-trust to purchase the property and then have the LLC be the beneficiary of it to get the liability protection and anonymity?

Most of us have that generic anonymous avatar in the webinar list.  

I Bought recently a House which has a Permitted SHED in the backyard as per the records and previous owner converted it to ADU( bathroom+kitchenette +wall heater) without permit to livable Space.A Fremont City enforcement office checked my house with some anonymous complaint and mentioned it was illegal.

Our lawyer advised us that until you have employees, the LLC doesn't offer much additional protection, although working it so you get some anonymity is nice.