This also leads owners to ASSUME simpler is better when it comes to management contracts.

The concept of the system is smart.

This also leads owners to ASSUME simpler is better when it comes to management contracts.

Buying near a trauma center or university is a solid plan for later, but getting experience with a simpler rental first can save you some headaches!

Some of the simpler asset protection solutions would include the following:  having max funds allowed in qualified retirement plan or IRA rather than personal as retirement plans are exempt assets in Federal and most state bankruptcies; investing through an annuity if your state (Florida and Texas for example) exempts insurance policies and defines annuities as an insurance policy; taking advantage of maximum homestead exemption in your state; use of corporations or more popular LLC or Series LLC to limit liability to the entity holding the asset; reasonable liability insurance if available; separating asset ownership from asset management; etc.I can design a simple, cost effective asset protection strategy of up to about $5million with little cost IF the individual resides in Texas or Florida.  

. :) Jokes aside, I think that Bitcoin and Crypto is a great concept and totally admire the spirit behind them.

Cleaning and inspection tasks are auto created in Breezeway based on check out dates and assigned to my cleaners so they can see it in their Breezeway account.I could make this simpler by removing either Hostfully or Hospitable since they offer a lot of overlap features.

Umbrella Insurance: Adds protection for high-cost liability claims but doesn’t fully separate assets as LLCs do.RecommendationConsider one LLC per city for balanced liability protection and simpler management, paired with umbrella insurance for added coverage.

Agree with @Chris Seveney- people LOVE making their ownership structures so complicated when you can mitigate risk in so many simpler ways. 

Does their concept work?