If you fail to follow the rules, you may open your personal assets to a lawsuit.

Most likely the state where the property is located is where lawsuits would be brought if they are something for personal injury like a trip and fall or something of that nature because the “cause of action” arose in that state.

@Natalie JohnstoneA Delaware LLC won't prevent a lawsuit in California. 

I’m filing a class action lawsuit.

I'm interested in learning what others in a similar situation use for asset protection from potential lawsuits.

If the real property is in CA, you're definitely doing business in CA.Most likely the state where the property is located is where lawsuits would be brought if they are something for personal injury like a trip and fall or something of that nature because the “cause of action” arose in that state.

Yes, theoretically they can be used and all laws complied with, but the chances of losing a lawsuit whether you’re right or wrong are so great nobody uses them, nobody insures them.  

The showing agent could make the argument -- supported by undeniable acts -- that he/she was the procuring cause, and thereby support a lawsuit.

You have to confirm there are no pending assessments and lawsuits against the HOA before buying and an assessment usually comes for roads, roofs, windows, decks, and stairs that were not done properly or have a safety issue.

It makes the property appear not worth filing a lawsuit.